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Published on 6 Jan 2025 on Benzinga

Wall Street Rallies, Chipmakers Soar Ahead Of Nvidia's Huang Speech, Bitcoin...

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Wall Street is in full risk-on mode, as traders eagerly snap up technology stocks, particularly semiconductors, ahead of Nvidia Corp. NVDA CEO Jensen Huang‘s speech later on Monday at the Consumer Electronics Show in Las Vegas.

Tech-linked indices and sector outperformed by midday trading in New York. The Nasdaq 100 notched a 1.3% increase while the iShares Semiconductor ETF SOXX soared by over 4%, eyeing the strongest session since mid-September.

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NYSE.DIA price evolution

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