Dow Jones futures rose slightly late Tuesday, along with S&P 500 futures and Nasdaq futures, after the stock market rally closed Tuesday with tiny gains.
Apple stock has had a sluggish 2021, but is closing in on a buy point. Meanwhile, Apple (AAPL) iPhone chipmakers Qorvo (QRVO), Skyworks Solutions (SWKS) and Broadcom (AVGO) are nearing breakouts as well. SWKS stock and especially QRVO stock surged up the right side of bases Tuesday, helped by analyst price target hikes. They were Tuesday’s two best S&P 500 performers.
The moves by iPhone chipmakers comes as the chip sector has been strengthening once again.