Business
Tech Stocks Are on the Rise Despite the Chip Dip
There’s a tale of two tech sectors unfolding in today’s stock market.
Hardware names, including chip stocks, are having a tough trading session, but some of the biggest tech companies are climbing higher.
The Nasdaq was up 0.5%, while the S&P 500 rose 0.3%, and the Dow increased 0.3% or 151 points. The major indexes flirted with the flatline throughout the trading day, before moving higher in the afternoon.
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