MediumPositive
Announced Wed, 22 Jul · 01:34 IST

US stocks today: US stocks end higher on chip stocks recovery; earnings draw focus

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

US stock indexes ended higher, led by a sharp rebound in semiconductor stocks as investors bought chip shares ahead of upcoming earnings. The S&P 500 gained 0.86 percent to 7,507.32, the Nasdaq Composite rose 1.26 percent to 25,829.61, and the Dow Jones added 0.74 percent to 52,223.72. Market focus this week shifts to results from Alphabet, Intel and Texas Instruments, while investors largely shrugged off President Trump's 50 percent tariffs on Canadian imports and a 2 percent rise in oil prices on geopolitical tensions in the Red Sea.