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Barchart
Barchart
Rich Asplund

HISTORICAL FACTS: Stocks climb on strength in chipmakers - Caught on Camera

IS THe Nasdaq ARE United States Tri Goldman Sachs Iran Dow Jones Industrial Average IBM

The S&P 500 Index ($SPX) (SPY) today is up +0.47%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.55%. September E-mini S&P futures (ESU26) are up +0.47%, and September E-mini Nasdaq futures (NQU26) are up +1.51%.

Stock indexes are moving higher today, led by strength in chipmakers after South Korea’s SK Hynix listing American depositary receipts (ADRs) was more than seven times oversubscribed, signaling strong investor demand. The US offering by SK Hynix would raise about $24.5 billion for the company, making it the second-largest by a foreign company, according to Bloomberg calculations.

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