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US stocks surged on Wednesday after fresh CPI data showed the US inflation steadying, with S&P 500 hitting highest level in three months and the tech-heavy Nasdaq composite closing more than 20% above lows hit earlier this year
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Ease of US inflation boost Nasdaq rebounded more than 20% from low
2022-08-11 00:00uSMART
Nasdaq Composite sank 1.2% after weak results from semiconductor companies
US stocks were dragged lower on Tuesday after Micron Technology warned a drop in demand for its chips, Philadelphia Semiconductor index sank 4.6% with all 30 members falling
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2022-08-10 14:00uSMART