Monday’s market moves signaled chip stocks were on the rebound, with some of the same names that drove last week’s selloff leading today's gains.
The PHLX Semiconductor Index was 2.1% higher and the Roundhill Memory ETF was up 2.3%.
Chip maker stocks were some of the hardest hit names in last week’s selloff with the SOX index dipping into a technical bear market, down over 20% in roughly a month.
Source: Yahoo Finance Top News — This article was automatically imported from the source. Read full article at original source →
