US Stock Chip Sector Surges, Crypto Sector Weak
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September 11, 2024
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September 12th: US stocks continued their upward trend, with the Nasdaq rising 1% and the S&P 500 gaining 0.2%.
The chip sector saw a broad advance, with Nvidia (NVDA.O) surging over 5%, Micron Technology (MU.O) climbing 2.3%, ASML (ASML.O) rising nearly 5%, and Intel (INTC.O) gaining 1%.
The cryptocurrency sector exhibited weakness, with Coinbase dropping 1.23%, MicroStrategy falling 0.53%, and Riot Platforms declining 2%.
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