Stocks Rise as SK Hynix Debuts Strong on U.S. Market
📡 Barrons · 1 min read ·
Part of composite article SK Hynix Raises $26.5 Billion in Biggest-Ever Foreign US Stock Debut, Shares Jump 13% View full article →
The S&P 500 and Nasdaq are set to end the week with gains, recovering from a turbulent period following renewed U.S.-Iran attacks. The Dow, however, is on track for a weekly loss.
South Korean chipmaker SK Hynix rallied in its first day of trading on a U.S. exchange, boosting investor confidence. The company’s debut helped offset concerns over geopolitical tensions.