US Equity Markets End Higher Amid Semiconductor-Led Technology Stock Gains

MT Newswires Live04:25

US equity indexes were higher on Tuesday amid semiconductor-led gains in technology stocks.

* US job openings rose to 7.594 million in May, according to the Bureau of Labor Statistics, above the 7.296 million openings expected in a Bloomberg-compiled survey and up from the 7.585 million openings reported in April.

* The Conference Board's measure of consumer confidence rose to 91.2 in June from a downwardly revised 90.6 in May, below the 94.4 predicted in a Bloomberg-compiled survey.

* The Institute for Supply Management's Chicago PMI fell to 56.7 in June from 62.7 in May, compared with the 55.1 anticipated in a Bloomberg-compiled survey.

* August West Texas Intermediate crude oil fell $0.67 to settle at $70.08 per barrel, while August Brent crude, the global benchmark, was last seen down $0.23 at $72.92.

* SanDisk (SNDK) shares were up roughly 10%, the top gainer on the S&P 500 and Nasdaq, after Bernstein adjusted the price target for the company to $3,000 from $1,700 while maintaining its outperform rating.

* Digital Realty (DLR) shares fell about 5.7%, the worst performer on the S&P 500, after the company said it priced a secondary public offering of 12.3 million shares by affiliates of Blackstone (BX) at $185 each.

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