U.S. equities showed an intraday split on July 22, with the Dow Jones Industrial Average and the S&P 500 moving back into positive territory, according to market data from BIT (bit.com). The Nasdaq remained in the red, though its loss narrowed to 0.1%. The Philadelphia Semiconductor Index rose more than 1%.
Among major technology names, Nvidia climbed sharply and approached a 3% gain. Super Micro Computer extended its rally to 24%, while Marvell Technology and AMD each rose more than 2%. SanDisk gained nearly 1%, and Micron turned positive after having fallen nearly 3% earlier in the session. The move pointed to renewed strength in chip-related stocks even as the broader tech-heavy Nasdaq had yet to fully recover.
U.S. stocks traded mixed on July 22, with the Dow Jones Industrial Average and the S&P 500 turning positive, according to market data from BIT (bit.com). The Nasdaq's decline narrowed to 0.1%, while the Philadelphia Semiconductor Index rose more than 1%.
In tech stocks, Nvidia jumped in a sharp move and rose nearly 3%. Super Micro Computer extended its gain to 24%. Marvell Technology and AMD were both up more than 2%, while SanDisk added nearly 1%. Micron also turned higher after falling nearly 3% earlier.
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