Advertisement
UK markets open in 2 hours 43 minutes

  • NIKKEI 225

    37,134.28
    -945.42 (-2.48%)
     

  • HANG SENG

    16,184.02
    -201.85 (-1.23%)
     

  • CRUDE OIL

    84.81
    +2.08 (+2.51%)
     

  • GOLD FUTURES

    2,401.50
    +3.50 (+0.15%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • Bitcoin GBP

    50,134.26
    +297.75 (+0.60%)
     

  • CMC Crypto 200

    1,276.87
    +391.33 (+42.53%)
     

  • NASDAQ Composite

    15,601.50
    -81.87 (-0.52%)
     

  • UK FTSE All Share

    4,290.02
    +17.00 (+0.40%)
     
Money:

Best mortgage deals of the week

As possibility of multiple interest rate cuts dwindle here's what banks and building societies are offering

Why Taiwan Semiconductor, Roku, and Shopify Stocks All Rallied on Wednesday

Danny Vena, The Motley Fool
·4-min read
Why Taiwan Semiconductor, Roku, and Shopify Stocks All Rallied on Wednesday

While the data has checked many of the boxes that suggest the U.S. is in the midst of a recession, other metrics contradict that conclusion, leaving investors uncertain about where we stand. A key economic indicator released on Wednesday provided a bit of clarity, suggesting things are actually better than some had feared. With that as a backdrop, semiconductor specialist Taiwan Semiconductor Manufacturing (NYSE: TSM) climbed 1.8%, streaming video pioneer Roku (NASDAQ: ROKU) jumped 2.7%, and e-commerce platform Shopify (NYSE: SHOP) rallied 3.3% as of 1:11 p.m. ET on Wednesday.

Continue reading