Tag: Stocks

Stocks set to rise after back-to-back losses as June rally resumes

Stocks rose on Thursday, lifted by tech shares, as the market’s June rally continued. Chipmakers rebounded after posting sharp losses in the previous session, boosting tech shares in the premarket. The VanEck Vectors Semiconductor ETF (SMH) climbed 0.6% before the bell. Applied Materials and Advanced Micro Devices both rose 1%

Stocks stall as weak earnings outweigh strong GDP report

Stocks were little changed Friday as traders weighed better-than-expected economic data against a mixed batch of quarterly earnings. Dow rose 15 points as the S&P 500 climbed 0.1% and the Nasdaq slipped 0.1%. First-quarter gross domestic product was 3.2%, the Commerce Department said on Friday, topping the consensus economist estimate