The Nasdaq’s gains widened to 2%, while the Philadelphia Semiconductor Index rose 6.8%.
PANews, citing Binance market data, reported that during the same period the S&P 500 rose 1.1%, AMD gained 13%, SanDisk rose 12%, and Nvidia shares climbed as much as 7.3% at one point. Nvidia had fallen 9.3% on Thursday.
· Semiconductor stocks led the rebound, with the Philadelphia Semiconductor Index’s 6.8% gain outpacing the Nasdaq and the S&P 500.
· Nvidia’s 7.3% intraday gain that day was in the opposite direction to its 9.3% drop on Thursday, but the report did not explain the reasons for either day’s move.
Before the market opens, would you check index futures first, or premarket quotes for individual semiconductor stocks?
PANews, citing Binance market data, reported that during the same period the S&P 500 rose 1.1%, AMD gained 13%, SanDisk rose 12%, and Nvidia shares climbed as much as 7.3% at one point. Nvidia had fallen 9.3% on Thursday.
· Semiconductor stocks led the rebound, with the Philadelphia Semiconductor Index’s 6.8% gain outpacing the Nasdaq and the S&P 500.
· Nvidia’s 7.3% intraday gain that day was in the opposite direction to its 9.3% drop on Thursday, but the report did not explain the reasons for either day’s move.
Before the market opens, would you check index futures first, or premarket quotes for individual semiconductor stocks?
