Nasdaq Composite Holds Steady Amid SK Hynix's $26 Billion IPO Debut
The Nasdaq Composite remained flat as investors reacted to the debut of South Korean memory chipmaker SK Hynix, which saw a significant price increase on its first day. The S&P 500 and Dow Jones Industrial Average showed modest gains while Meta's shares rose due to cost-saving projections in AI development.
Tickers: $AVGO $BAC $GOOGL $META $MU $NVDA $SKHYV $SPCX $TSM
Topics: AI hardware Dow Jones Industrial Average IPOs Meta Platforms Nasdaq Composite S&P 500 SK Hynix