One Reason to Watch for a VIX Spike

The S&P hit a record intraday peak

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7/01/2019

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Nasdaq Outperforms on Semiconductor Strength

By Karee Venema

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News of a trade truce between the U.S. and China sparked a stock surge out of the gate today, sending the Dow up 290 points in early trading and the S&P 500 to a fresh record high. However, a lack of details from the meeting between Presidents Donald Trump and Xi Jinping and some lackluster factory data had the major indexes paring their earlier gains. The Nasdaq eased back from its session highs, too, though the tech-heavy index outperformed its peers on strength in semiconductor stocks.

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