Stocks Close Higher as Chips Rip, Intel Soars 9% | Market Minute Closing Bell · Jul 21

Market Minute Closing Bell Jul 21 | Semiconductors dragged the whole market higher into the close, and one comeback story st…

In this Closing Bell brief:
• Chips carry the market to a green close — Nasdaq closed up 1.29 percent at 25,837; the S&P 500 rose 0.86 percent and the Dow added 0.74 percent.
• Intel finally lands an outside foundry customer — Intel closed up nearly 9 percent after Fortinet became the first named customer for its contract chip business.
• GM beats and raises on a resilient consumer — GM closed up about 5 percent after topping estimates and lifting its full-year guidance.
• Nvidia's blessing sends Nebius flying — Nebius surged more than 20 percent after Nvidia disclosed a significant stake in the AI cloud provider.
• Tesla is the main event tomorrow — Tesla closed up about 3 percent ahead of results due after the bell Wednesday.

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Видео Stocks Close Higher as Chips Rip, Intel Soars 9% | Market Minute Closing Bell · Jul 21 канала Market Minute