On Holding (ONON) reached $38.2 at the closing of the latest trading day, reflecting a +1.98% change compared to its last close.
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In the most recent trading session, Newmont Corporation (NEM) closed at $90.83, indicating a -4.6% shift from the previous trading day.
In the latest trading session, Kinder Morgan (KMI) closed at $32.54, marking a +1.06% move from the previous day.
The Nasdaq composite fell 1.5%, leading the session’s losses. Another quarter of solid earnings from Taiwan Semiconductor Manufacturing did little to mitigate a rough patch for chip stocks, with investors worried more about its spending plans than its bright outlook. Shares of chip makers from Santa Clara, Calif., to Seoul slid.
The Nasdaq tumbled on Sandisk, Micron, other AI stocks, but regional banks and transports rose. SpaceX has a big launch coming.
The Nasdaq, the S&P 500, and the Dow ended Thursday's session lower, but if you take a closer look, most of the market is actually holding up all right. The tech-heavy Nasdaq saw the most dramatic declines since tech stocks led the selloff, down 1.5%. The S&P 500 fell 0.5% and the Dow dropped 0.2% or 105 points.
Top cryptocurrencies fell Thursday, with Bitcoin (BTC-USD) still holding above $64,000. The CoinD
Energy stocks were higher late Thursday afternoon, with the NYSE Energy Sector Index increasing 0.5%
All three major indexes were in the red midday and tech stocks were leading the fall. The Nasdaq slipped 1.1% and the S&P 500 dropped 0.5%. The Dow also was lower, down 0.3% or 158 points. Chip stocks are the standout laggard of the day, with the PHLX Semiconductor index down 5%, extending yesterday's declines.
Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index increasing 0.3% and
Why is the Dow holding up while the Nasdaq sinks? Healthcare gains are offsetting the semiconductor carnage.
Yesterday the PHLX Semiconductor Index ended the session down 2%, but the Nasdaq closed in the green, up 0.6%. Today the chip index is down roughly 4.4%, but the Nasdaq is also trading lower, down 1%.
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Tech stocks have been lucrative, but they're creating a rare risk for the market.
Chip stock weakness was taking its toll on Thursday, and tech stocks were losing steam. The Nasdaq was down 0.6%, while the S&P fell 0.1%. The Dow looked for direction near the flatline. Memory chip stocks, like Western Digital and Micron, were some of the worst performers premarket though the chip space struggled broadly.