US stocks rally as Fed rate-hike shock is digested and oil retreats; TSMC ADR jumps 3%

All four major US indices closed higher, with the Philadelphia Semiconductor Index up more than 3%, as markets absorbed the Fed's rate-hike shock and oil prices eased. TSMC's ADR rose 3%, while UMC and ASE surged; Taiwan index futures in overnight trading climbed 701 points.

Detected & updated continuously · Source: Nebula

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United StatesTaiwan Semiconductor Manufacturing CompanyUnited Microelectronics CorporationAdvanced Semiconductor Engineering (ASE Technology)

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