Chip Stocks Lead Nasdaq Rally; Taiwan Semi, ARM, URI In Focus

from Stock Market Today With IBD · host Investor's Business Daily

The Nasdaq outperformed even as bond yields and the U.S. dollar rose again. But breadth was suspect again, with advancers only having a slight edge over decliners on both exchanges. TSMC gapped out of a cup with handle base; ARM is holding support at its 10-week line, while URI is pulling back in orderly fashion. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode metadata supplied by the publisher feed · Published Jan 18, 2024

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Chip Stocks Lead Nasdaq Rally; Taiwan Semi, ARM, URI In Focus

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