Wall Street: S&P 500, Nasdaq rebound as chipmakers recover, investors brace for big tech earnings
New Delhi, July 20 -- The S&P 500 and the Nasdaq bounced back on Monday, led by a recovery in semiconductor stocks after last week's sharp selloff, while investors turned their attention to a crucial week of quarterly earnings from some of the world's largest technology companies.
As of 10:15 a.m. Eastern Time, the S&P 500 rose 0.3%, the Dow Jones Industrial Average was down 0.2%, and the Nasdaq Composite was 0.5% higher.
At the open, the Dow Jones Industrial Average rose 8.2 points, or 0.02%, to 52,154.57. The S&P 500 rose 31.5 points, or 0.42%, to 7,489.18, while the Nasdaq Composite rose 200.6 points, or 0.79%, to 25,720.871.
Investors are gearing up for one of the busiest weeks of the US earnings season, with quarterly resul...
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