Wall Street bounces higher as chip stocks gain

Wall Street bounces higher as chip stocks gain

Wall Street bounces higher as chip stocks gain

Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, March 7, 2018.

Banks were also lower, but technology stocks rose.

The S&P 500 fell 17 points, or 0.6 percent, to 2,765. This is a positive change from SPDR Dow Jones Industrial Average ETF's previous monthly dividend of $0.14.

United States stocks advanced on Monday, with gains in shares of chipmakers and technology giants helping Wall Street extend last week's rally that was powered by U.S. jobs data. The VIX Volatility Index was higher at 15.78 for a gain of 1.14 points or 7.79%.

Apple Allowing Companies To Create Lightning To 3.5mm Cables
The new cable would improve the user experience from an audio perspective and add more durability to the entire product. The new specs were found in the updated material for manufacturers in the MFi program, according to sources.

Shares of Broadcom jumped 3.2 per cent after a Wall Street Journal report that Intel is considering bidding for the chip company, which has undertaken a hostile campaign to buy Qualcomm.

"The big multinational, industrial companies of the world are all taking a hit on the concern that they will be the targets of reprisal sanctions", said Robert Phipps, a director at Per Stirling Capital Management in Austin.

Valmark Advisers Inc. increased its holdings in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 379.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.

The advances followed a near 2 percent gain for the main indexes on Friday after data showed sluggish wage growth in February, easing concerns about the Federal Reserve moving too fast on interest rate hikes.

Philippines to pull out of ICC 'immediately', Duterte says
He has refused to accept some police may be systematically executing suspected dealers, as activists say. The Philippine leader, however, has insisted that the ICC lacks jurisdiction over him.

Stocks are opening higher on Wall Street and bond yields are falling as investors are relieved to see that inflation remained in check last month.

Starbucks rose 1.4 percent early Monday and Micron Technology rose 5.3 percent. The Nasdaq composite gained 27 points, or 0.4 percent, to 7,588, another record high. The S&P 500 technology sector gained 0.31% for the day.

The Dow Jones industrial average climbed 116 points, or 0.5 percent, to 25,294.

Manchester United midfielder Carrick to retire
Carrick has seen his playing time this season limited after having gone minor surgery to correct an irregular heart rhythm. During his 12 years at the Red Devils Carrick has won 12 major titles.

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