Stock market on Monday (16 Sep) saw the DJIA jumped more than 200 points to close +0.55% higher setting a new record high. S&P 500 has a modest rise +0.13% which is still 0.6% below its all-time high. NASDAQ was the only decliner with -0.52% decline.
NASDAQ’s performance was dragged down by Mega cap names and semiconductor shares, which outperformed last week.
Apple (APPL) down by more than 2% after speculation that iPhone16 Pro demand has been weaker...

Last week, the S&P 500 Index dropped 4.5%, marking its worst weekly performance since early March last year. The Nasdaq Composite and Dow Jones Industrial Average declined 5.8% and 2.9%, respectively. The poor market performance was primarily due to a series of weak data releases, especially labor market figures, which sparked concerns over economic growth, coupled with historically weak September performance.
Over the pa...

The semiconductor market is a crucial component of the global economy, powering everything from consumer electronics and data centers to automotive and industrial applications. Given its central role in technological advancements, the semiconductor industry has been experiencing rapid changes driven by technological innovations, supply chain dynamics, geopolitical tensions, and shifts in demand pa...