future

Stock Bulls Rest Amid Political, Economic Worries

The S&P 500 rose less than 0.1 percent between Friday, February 1, and Friday, February 8. It was only the sixth and smallest advance in the last seven weeks, following the index’s sharp rebound in January. The index also had its narrowest weekly trading range (just 57 points) since late September.

Semiconductors Strong as Other Techs Teeter: Earnings This Week

Skyworks Solutions (SWKS), Microchip Technology (MCHP), On Semiconductor (ON) and Cypress Semiconductor (CY) all pushed higher after releasing their quarterly results. Some beat estimates and others merely came in line, but they all gained on hopes that the worst of the industry’s slowdown has passed.