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Chip Stocks Rise As Four New Names Join SOX Index. AMD Breaks Out.
The Philadelphia semiconductor index, known as SOX, rose Monday after completing its annual reconstitution. Gainers include four new constituent stocks, which replaced four other chip stocks. In afternoon trades on the stock market today, the SOX rose 3.7%. It’s on pace for its fifth straight trading day of gains. The SOX, officially called the PHLX Semiconductor Sector Index, substituted four…
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