![]() That drove a rally in the Philadelphia semiconductor index (.SOX). Nvidia (NVDA.O) jumped 4% after the graphics chipmaker gave a weaker-than-expected quarterly forecast that many investors viewed as signaling the worst of a sales downturn may be over. "Lower interest rates have certainly put some support underneath some of the more growth-oriented sectors," Northey said. ![]() Declining interest rates tend to benefit technology stocks trading at high valuations. The yield on the closely watched 10-year Treasury note faded after recently hitting a two-month high. Register now for FREE unlimited access to Register
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