30 Oct '23 at 9:51 am #67172
Participant
Semiconductor stocks are noticeably weak.
ON Semiconductor (ON 68.05, -15.46, -18.5%) is plunging after beating earnings and revenue estimates, but issuing disappointing Q4 guidance.
The PHLX Semiconductor Index is down 1.9%.
Despite weakness in some of its semiconductor components, the information technology sector (+0.6%) sports a gain.
Apple (APPL 169.72, +1.50, +0.9%), Microsoft (MSFT 335.06, +5.24, +1.6%), and NVIDIA (NVDA 407.40, +2.40, +0.6%) all trade up.