ON Semiconductor Corp
  • ON

  • $66.70

  • -1.45%
  • $67.90

  • $68.12

  • $66.05

Ticker Appearances

Tue, July 23, 2024 | 11:58AM ET

⚡ FlashInsights

Tue, July 23, 2024 | 11:58AM ET
2 hours into trading, we see S&P has just surpassed yesterday's intra-day peak (ES 0.26% _F- 5616) by S&P Futures which has helped this rally to accelerate. Breadth is just mildly positive, and Financials and REITS are the only two sectors higher today on an Equal-weighed basis, Technology is largely flat, but XLK is up +0.28%, powered higher by a near-4% bounce out of CRWD 1.21% , along with AVGO 4.65% , FSLR 1.46% , NOW 1.92% , and PANW 0.73% , all which are higher by more than 2%. Software stocks are leading Semis today, and NXPI -2.54% , ON -1.45% , and TXN -1.59%  are all lower by more than 3%, and SOX is lower by -0.85% at a time when XLK is outperforming. Transports are lower by 1%, but Small caps are showing stellar strength, up by 1% (IWM 0.55% ) as the S N/A% ummerOfSmallCaps has arrived. Both US Dollar and Treasury yields are pulling back from earlier bounce attempts, TNX still down -0.02bps - Target initially for S&P Futures lies near 5721

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