Chip Index Slips as Nasdaq Rises Ahead of Wednesday Earnings
Photo: TokenPost
A Tuesday morning market snapshot showed the PHLX Semiconductor Index lower while the Nasdaq Composite rose, following Monday’s chip rebound and ahead of Wednesday’s earnings from major technology companies. A market display retrieved at about 10:36 a.m. ET (14:36 UTC) listed the chip index at 11,244.78, down 0.63%. The Nasdaq Composite was listed at 26,499.42, up 0.26%. The display did not specify when its quotes were recorded. The Monday chip-index rebound ended eight consecutive declining sessions. The index closed Oct. 19 at 11,316.34, up 179.05 points, or 1.61%.
Source: TokenPost
