Intel and Qualcomm are higher in electronic trading
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| | 4/17/2019 | |
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Stock Futures Up as Semiconductors Surge | By Karee Venema | | Dow Jones Industrial Average (DJI) futures are signaling a higher open, as traders digest data that showed the Chinese economy grew at a faster-than-anticipated pace in the first quarter. Back at home, corporate earnings continue to pour in, with Netflix (NFLX) stock up after earnings, while Intel (INTC) shares are surging on the blue chip's plans to exit the 5G smartphone modem business, and Qualcomm (QCOM) looks set to build on Tuesday's Apple-inspired surge. Against this backdrop, futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are above fair value, too, with all three indexes closing in on record highs. Continue reading for more on today's market, including: - Why small-caps could stall this options expiration week, courtesy of founder and CEO Bernie Schaeffer.
- Put volume peaked on this plummeting healthcare stock.
- Outperforming Oracle stock seems overdue for upgrades.
- Plus, a sinking tech stock; record Netflix subscriber growth; and more on Qualcomm's brow-raising rally.
| >> Continue reading... | |
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