Cyclical, Semiconductor Stocks Lead Market But These Breakouts Sputter [Investor's Business Daily]
Aerojet Rocketdyne Holdings, Inc. (AJRD)
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm
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Source: Investors Business Daily
Related news The stock market held gains in afternoon trading, as a combination of cyclical and semiconductor stocks led the advance. The Nasdaq climbed 0.7% as the Philadelphia semiconductor index rallied 1.3% to give the technology sector a boost. The S&P 500 added 0.5% and the Dow Jones industrial average 0.6%. Small caps lagged earlier but the Russell 2000 was up 0.6% as well. Volume was tracking higher on the Nasdaq and lower on the NYSE compared with the same time Monday. Winners led losers by nearly a 2-1 ratio on the Nasdaq and by 7-to-4 on the NYSE. Dow transports jumped 0.9%, as shipping and logistics industry groups ranked in the top 20 of 197 groups. Buildings products, fertilizers, basic chemicals, and farm and construction machinery made up a cluster of cyclicals that were in the top 35 groups. Indexes opened higher but stalled at 10 a.m. ET. That's when the Labor Department's job openings report showed more than 7 million job listings in September, a bit less than the 7
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