Nasdaq Composite Treads Water While SK Hynix Makes a $26 Billion Splash
The major indexes barely budged Friday, but a $26.5 billion IPO stole the show. The AI chip battle just got a lot more interesting.
Overview
The major U.S. stock indexes traded in a narrow range Friday morning as investors digested a historic IPO debut and mixed signals from the technology sector.
The Dow Jones Industrial Average (DJINDICES: ^DJI) rose 0.2% by 12:09 p.m. ET, while the S&P 500 (SNPINDEX: ^GSPC) added 0.1%. The Nasdaq Composite (NASDAQINDEX: ^IXIC) traded flat, held back by weakness in Alphabet (NASDAQ: GOOGL) and Space Exploration Technologies (NASDAQ: SPCX).
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.