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Posted inCompanies, Daily Analysis, Earnings Watch, Markets, Pre-Market Briefing, Sector -- Financials, Sector -- Technology

Can earnings momentum hold as 3 stocks surge 18%+ at the open?

NXP Semiconductors surged nearly 19%, Seagate Technology jumped 18%, and Visa climbed more than 6% at Wednesday’s open after all three companies delivered earnings beats and raised forward guidance. The S&P 500 opened lower by 0.20% to 7,124, the Dow fell 0.27%, and the Nasdaq sl

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