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The US stock market opens, the Dow slightly rises, NXP Semiconductors up 21.7%
Mars Finance News, according to Gate Market Data, at the opening of the U.S. stock market, the Dow Jones Industrial Average rose 0.04%, the S&P 500 Index fell 0.07%, and the Nasdaq Composite Index declined 0.28%. NXP Semiconductors (NXPI.O) rose 21.7% due to its strong Q2 earnings guidance. As a result, ON Semiconductor (ON.O) increased by 6.4%, and Microchip Technology (MCHP.O) rose 4.8%. Silicon Motion Technology (SIMO.O) surged 35% as its Q1 earnings and Q2 guidance significantly exceeded expectations.