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Review & Preview: Oil Up, Market Down
Barrons.com15d agoneutral
Review & Preview: Oil Up, Market Down

The long awaited $2,000 iPhone Duo is here but it’s the market that folded on Wednesday, as higher oil prices and lower bond buybacks weighed on investors’ moods. The Dow Jones Industrial Average lost 0.8% while the S&P 500 fell 0.5% and the Nasdaq Composite slipped 0.6%. John Ternus, its new chief executive, faces increasing pressure to introduce newer, exciting products rather than incremental enhancements to get consumers to upgrade their smartphones more frequently.

Are Chip Stocks a New Short-Term Safety Play?
Barrons.com16d agoneutral
Are Chip Stocks a New Short-Term Safety Play?

Chip stocks were on a roll despite broad weakness in the rest of the market. The PHLX Semiconductor Index was up 0.5%, marking its fifth- straight day of gains. The chip index hasn't seen a win streak that long since early June.