Chip stocks lead tech to its best three days in five weeks
Tech just had its best three days in about five weeks, and chip stocks led the way. Yahoo Finance’s Jared Blikre breaks down the close with Brooke DiPalma: the Nasdaq rose more than 1% while the Dow barely finished higher, and the equal-weight S&P 500 lagged as megacaps did the heavy lifting. Small caps kept pace with tech, energy fell about 2% as oil prices pulled back, and software was mixed as Salesforce slid while CrowdStrike and Oracle moved higher.
Market Domination, Market Domination Overtime and Asking for a Trend are live weekdays 3-5pm ET with Yahoo Finance Host Josh Lipton.
00:00 What a day on Wall Street
00:20 Dow, Nasdaq and S&P 500 at the close
00:35 Megacaps lead, small caps keep pace
00:54 Tech rebounds, energy slides
01:13 Tesla and Broadcom lead the Nasdaq 100
01:40 Chip stocks’ three-day run
02:09 Software: Salesforce, CrowdStrike and Oracle
02:53 The day’s best and worst groups
#stockmarket #chipstocks #nasdaq
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