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Rich Asplund

FOUND: Stock indexes settle mostly higher as chipmakers rebound - You Need To See This

S&P Nasdaq Semiconductor New York Fed Stock Market United States QQQ Inflation University of Michigan Williams

The S&P 500 Index ($SPX) (SPY) closed up +0.31% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.46%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.35%. December E-mini S&P futures (ESZ26) rose +0.31%, and December E-mini Nasdaq futures (NQZ26) rose +1.28%.

US stock indices settled mixed on Friday, with the Dow Jones Industrials falling to a 4-week low. The broader market moved higher Friday, recovering some of Thursday’s rout as dip buying in chipmakers and AI-infrastructure stocks lifted the broader market. Stocks plummeted on Thursday amid speculation that the Democratic sweep of Congress in Tuesday’s midterm elections will usher in a new era of regulation for the artificial-intelligence industry. Weakness in software stocks on Friday limited overall market upside and kept the Dow Jones Industrials in negative territory.

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