Semiconductor ETF SOXX up 4.7%, utility ETF XLU down 1.3%

From Nasdaq: 2024-09-19 12:19:05

In Thursday’s trading session, the iShares Semiconductor ETF is up by 4.7%, with components like Wolfspeed and Advanced Micro Devices showing strength. On the other hand, The Utilities Select Sector SPDR Fund ETF is down by 1.3%, with Nextera Energy and Pinnacle West Capital performing poorly.

Overall, in the ETF market today, tech-focused ETFs like SOXX are outperforming while utility-focused ETFs like XLU are underperforming. Investors are keeping a close eye on semiconductor stocks like Wolfspeed and AMD, as well as utility stocks like Nextera Energy and Pinnacle West Capital for potential trading opportunities.



Read more at Nasdaq: Thursday’s ETF Movers: SOXX, XLU