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American stock exchange
The Nasdaq Stock Market is an American stock exchange. It is the largest stock exchange by market capitalization and the first fully electronic stock market. Based in Manhattan, New York City, the exchange is among the most active stock trading venues by volume in the United States.
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Chip stocks slid as SOX fell 2.7% amid a market selloff; Nvidia rose on a $150B buyback boost.
Chip stocks fell broadly on Monday even as Nvidia NASDAQ:NVDA gained 3% on its record $150B increase to its share repurchase authorization.The broader semiconductor sector was hardly buoyant, with the Philadelphia Semiconductor Index NASDAQ:SOX falling 2.6%, as a wider market selloff weighed on tec…
Oil prices are rattling rate expectations again, and the chip sector is cracking under the pressure in ways that reveal a sharp divide between two of its biggest names.