Semiconductor and Housing Stocks Lead Broad U.S. Stock Market Gains; Europe Trades Higher as Well
|TOP INDEX MOVERS|
|LAST 5 TRADING DAYS (+/-)|
|EQUITY INDEXES:||9/04 - 9/10|
|NASDAQ EM EUROPE INDEX (NQEMEU)||+6.9%|
|PHLX SEMICONDUCTOR INDEX (SOX)||+6.3%|
|NASDAQ EMERGING MARKETS INDEX (NQEM)||+5.7%|
|PHLX HOUSING SECTOR INDEX (HGX)||+5.3%|
|NASDAQ INTERNET INDEX (QNET)||+4.8%|
|COMMODITY INDEXES:||9/04 - 9/10|
|PHLX GOLD/SILVER SECTOR INDEX (XAU)||-5.9%|
|NASDAQ COMMODITY SILVER INDEX ER (NQCISIER)||-5.8%|
|PHLX OIL SERVICE SECTOR INDEX (OSX)||+5.4%|
|NASDAQ COMMODITY LEAN HOGS INDEX ER (NQCILHER)||+3.5%|
|NASDAQ COMMODITY GOLD INDEX ER (NQCIGCER)||-3.4%|
- The PHLX Semiconductor Index (SOX ) rose 6.3% on the strong price performance of a number of U.S. stocks. Cyclical stocks led the week-over-week rally.
- Gold and silver weakened as the safe haven trade faded a bit on the delay of action in Syria. The PHLX Gold/Silver Sector Index (XAU), which tracks companies involved in the gold or silver mining industry, dropped 5.9% over the most recent 5-day period.
- Finally, cyclical pockets of the U.S. economy have led the recent rally. After being under pressure since the end of July, the PHLX Housing Sector Index (HGX) rose 5.3%.
CONTACT: MEDIA CONTACTS: Nick Lawler Intermarket Communications (212) 754-5613 firstname.lastname@example.org Nora Sabry Intermarket Communications (212) 754-5468 email@example.com Wayne Lee NASDAQ OMX (301) 978-4875 Wayne.firstname.lastname@example.org