Stocks Rise as Chipmakers Rally and Crude Prices Decline
The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all closed higher on Thursday due to a rally in chipmaker stocks. SK Hynix's oversubscribed ADR offering raised $24.5 billion, while falling crude prices supported airline and cruise line operators.
Tickers: $C $DIA $QQQ $SKHYV $SPY
Topics: chipmakers crude oil prices SK Hynix ADRs trucking sector upgrade unemployment claims