Stock Market Update
23-Dec-24 12:30 ET
QCOM leads after jury verdict
Dow -90.90
at 42749.36,
Nasdaq +116.95
at 19728.04,
S&P +12.25
at 5942.80
[BRIEFING.COM] The Dow Jones Industrial Average (-0.2%) trades off its session low and the S&P 500 (+0.3%) trades near its session high.
Qualcomm (QCOM 156.58, +3.69, +2.4%) is a winning standout today after jurors found that the chip company didn't violate terms of its agreement covering Arm Holding's (ARM 127.73, -4.42, -3.4%) designs. NVIDIA (NVDA 138.01, +3.34, +2.5%) and Broadcom (AVGO 231.07, +10.87, +4.9%) are also top performers from the semiconductor space.
The PHLX Semiconductor Index (SOX) sports a 2.3% gain.
