Intel Earnings Help Semiconductor ETFs Rebound
January 26, 2018 at 14:14 PM EST
Semiconductor stocks and sector-related ETFs bounced back Friday after Intel (NasdaqGS: INTC) revealed better-than-expected earnings for the fourth quarter. The iShares PHLX Semiconductor ETF (NasdaqGM: SOXX) rose 2.5% and the VanEck Vectors Semiconductor ETF (NYSEArca: SMH) gained 2.5% while INTC...