Friday, 18 October 2024: Markets settled narrowly mixed after a morning session rally for the semiconductor sector

17 de oct. de 2024 · 9m 15s

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- US equity markets settled narrowly mixed after a morning session rally for the semiconductor sector, spurred by solid quarterly results from the world's largest contract chipmaker, lost some steam...

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US equity markets settled narrowly mixed after a morning session rally for the semiconductor sector, spurred by solid quarterly results from the world's largest contract chipmaker, lost some steam - Dow rose +161-points or +0.37% to 43,239.05 to book its 39th record closing high of the year. American Express Co (up +1.46%) and Chevron Corp (+1.66%) were the leading performers in the 30-stock index.
The broader S&P500 dipped -0.02%, with Utilities (down -0.93%) leading six of the eleven primary sectors lower. Energy (up +0.4%) sat atop the primary sector leaderboard. Expedia Group Inc gained +4.75% after the Financial Times reported Uber Technologies Inc (down -2.44%) was considering a bid to buy the online travel company.