Key Takeaways The S&P 500 added 0.6% on Monday, Jan. 6, led by a surge in semiconductor stocks as the first full week of the new year began.Teradyne shares pushed higher as Northland Securities analysts highlighted upside potential for the company's electronic testing equipment.

The S&P 500 (SPX) is soaring today as investors react to the latest earnings from technology component assembler Foxconn, which trades as Hon Hai Precision Industry (HNHPF) on the OTC. The company ...

The S&P 500 gained 0.55% to close at 5,975.38. The Nasdaq Composite advanced 1.24% to end at 19,864.98. The Dow Jones Industrial Average lagged, losing 25.57 points, or 0.06%, to close at 42,706.56.

Chip-related stocks are pacing the S&P 500 higher Monday as the artificial-intelligence trade gains further momentum. Two factors are driving the action. To start, Foxconn issued upbeat December metrics,

U.S. stock markets rallied on Monday from last week's losses as semiconductor stocks surged. The Dow Jones Industrial Average gained 280 points (0.7%), the S&P 500 rose nearly 1%, and the Nasdaq Composite added 1.5%.

STORY: U.S. stocks closed mostly higher on Monday, thanks to a rally in chip stocks. But the Dow ended marginally lower. The S&P 500 gained more than half a percent and the Nasdaq rose about one-and-a-quarter percent.

The advance has the group outperforming the S&P 500 Index, which clocked in a stellar rally last ... Nvidia Corp.’s server assembly partner Hon Hai Precision Industry Co. — also known as Foxconn — reported faster-than-expected revenue growth on ...

Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.

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Benchmark S&P 500 and the Nasdaq Composite fell on Tuesday as yields on Treasury bills rose, dampening sentiments across the market. At the time of writing, the S&P 500 index was down 0.3%, while the Nasdaq Composite shed 0.

The early rally on Wall Street partly reflected continued strength among tech stocks after contract electronics giant Foxconn reported record fourth quarter revenue amid strong AI server demand. Foxconn is an assembly partner with AI darling and market leader Nvidia (NVDA), which shot up by 3.4%. Chipmaker Micron (MU) also skyrocketed by 10.5%.

The Nasdaq Composite increased 243.30 points or 1.2% to close at 19,864.98, also booking back-to-back gains. The tech-heavy index is up 2.9% year to date, its best start to a year since 2009, when it rose 4.8%.