Stocks rose Thursday, with the tech-heavy Nasdaq Composite leading the way. Other chip stocks, including Nvidia, Intel and Advanced Micro Devices also rose. “At a time of real growth fears, positive company estimates on future earnings are welcome news and can easily boost equity prices further,” Jan von Gerich, chief analyst at Nordea, said.
Patricia Kowsmann is a Europe Finance Reporter at various leading financial publications. She covers a range of topics including finance, trading, financial markets, commodities and futures, as well as aviation and aerospace, with a focus on markets, inflation, and unemployment. Patricia's work has been featured in MarketWatch, Financial News, Wealth Creation Investing, LiveMint, The Australian, The Wall Street Journal, Yahoo Finance, and Yahoo News.