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US STOCKS: Equities Midday Roundup: Chip Stocks Buoy Tech Sector

US STOCKS
USEquitiesBulletMarketsFixed Income BulletsForeign Exchange BulletsNorth America
  • Stocks are trading firmer at midday, off lows with the DJIA lagging SPX Eminis and Nasdaq Wednesday. Currently, the DJIA trades up 26.09 at 41459.57, SPX eminis +47.25 at 5624.25, Nasdaq +285.23 at 17721.33.
  • Information Technology and Communication Services sector shares led gainers by midday, chip makers supporting the former with Micron Technology +7.54%, NVIDIA Corp+6.18%, Intel +4.47%, Advanced Micro Devices +3.62% and Broadcom I+3.42%.
  • Interactive media and entertainment shares supported the Communication Services sector with Netflix +1.96%, Meta Platforms +1.94%, Take-Two Interactive +1.06% and Alphabet +0.84%.
  • On the flipside, Consumer Staples and Health Care sectors underperformed in early trade, leading laggers in Consumer Staples included Brown-Forman -6.69%, Estee Lauder -4.80%, Hershey -3.49% and Mondelez International -3.35%.
  • Meanwhile, pharmaceuticals and services shares weighed on the Health Care sector: Regeneron Pharmaceuticals -4.43%, Universal Health Services -4.42%, Baxter International -3.93% and DaVita -3.80%.
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  • Stocks are trading firmer at midday, off lows with the DJIA lagging SPX Eminis and Nasdaq Wednesday. Currently, the DJIA trades up 26.09 at 41459.57, SPX eminis +47.25 at 5624.25, Nasdaq +285.23 at 17721.33.
  • Information Technology and Communication Services sector shares led gainers by midday, chip makers supporting the former with Micron Technology +7.54%, NVIDIA Corp+6.18%, Intel +4.47%, Advanced Micro Devices +3.62% and Broadcom I+3.42%.
  • Interactive media and entertainment shares supported the Communication Services sector with Netflix +1.96%, Meta Platforms +1.94%, Take-Two Interactive +1.06% and Alphabet +0.84%.
  • On the flipside, Consumer Staples and Health Care sectors underperformed in early trade, leading laggers in Consumer Staples included Brown-Forman -6.69%, Estee Lauder -4.80%, Hershey -3.49% and Mondelez International -3.35%.
  • Meanwhile, pharmaceuticals and services shares weighed on the Health Care sector: Regeneron Pharmaceuticals -4.43%, Universal Health Services -4.42%, Baxter International -3.93% and DaVita -3.80%.