TSM Jun 2024 110.000 put
- Yahoo Finance Video
Biden's reported tariffs, Novavax and Sweetgreen shares: Yahoo Finance
The Dow Jones Industrial Average (^DJI) is holding on to gains as best as it can ahead of Friday's session close, in the hopes of extending its May win streak. Taiwan Semiconductor Manufacturing Company (TSM) shares are steadily moving in the green after reporting a 60% sales jump in April for its AI chips. As the Biden administration prepares to report on the status of US trade tariffs on China, Wall Street is listening closely as to whether possible policy changes could impact high-demand sectors, specifically semiconductor and electric vehicle manufacturers. Yahoo Finance's other top trending tickers include Novavax (NVAX), Sweetgreen (SG), SoundHound AI (SOUN), GameStop (GME), and Arista Networks (ANET). Key guests include: 3:05 p.m. ET - Dan Skelly, Morgan Stanley Wealth Management Managing Director, Head of Market Research and Strategy Team 3:50 p.m. ET - Chris Graja, Argus Research Senior Analyst, and Chad Morganlander, Washington Crossing Advisors Senior Portfolio Manager 4: 10 p.m. ET - Chris Hulls, Life360 CEO 4:30 p.m. ET - Bruce Smith, Hydrow Founder
- Investor's Business Daily
Stocks Close Mixed As Fed Official Says This On Rate Cuts; Taiwan Semi Soars On Sales Report
The major market indexes closed mixed Friday as investors awaited a key inflation report next week. Meanwhile, a top Fed official said it was too early to think of cutting interest rates after Friday's inflation data. The Dow Jones Industrial Average rose 0.3% on the stock market today, while the S&P 500 held a smaller 0.2% gain in the stock market today. The tech-dominated Nasdaq gave up morning gains and was almost unchanged at closing bell.
- Investor's Business Daily
IBD Stock Of The Day, Taiwan Semiconductor, Jumps On April Sales Report, Lifts Fabless Chipmakers
Contract chipmaker Taiwan Semiconductor Manufacturing hit a buy point following its April sales report.
