Nasdaq-100 Rises About 0.9% as Semiconductor Index Falls 3.09%
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The Nasdaq-100 rose about 0.9% on Nov. 4 while the Philadelphia Semiconductor Index fell 3.09%, splitting the session between gains for major technology platforms and losses for chipmakers. The semiconductor index closed at 10,268.65. The VanEck Semiconductor ETF (SMH) and iShares Semiconductor ETF (SOXX) each lost about 3%, as weakness extended across chip stocks. Amazon shares rose 7.4%, reaching their highest level in three months. Apple gained nearly 7% and set a record closing price. Microsoft, Alphabet and Meta rose between 2% and 6.3%.
Source: TokenPost
