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Tuesday Sector Leaders: Semiconductors, Shipping Stocks

In trading on Tuesday, semiconductors shares were relative leaders, up on the day by about 3.3%. Leading the group were shares of Silicon Motion Technology, up about 15.2% and shares of AXTI up about 13.5% on the day.

Also showing relative strength are shipping shares, up on the day by about 3.1% as a group, led by Dorian LPG, trading up by about 9.8% and Diana Shipping, trading higher by about 5.2% on Tuesday.

Tuesday Sector Leaders: Semiconductors, Shipping StocksVIDEO: Tuesday Sector Leaders: Semiconductors, Shipping Stocks

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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