Semiconductor ETF Shines
In the realm of Exchange-Traded Funds (ETFs) on Friday, the scene was vibrant. The iShares Semiconductor ETF stood tall, outperforming its ETF counterparts by climbing approximately 0.8% through the day. Among the components of this ETF that showcased remarkable resilience were Taiwan Semiconductor Manufacturing, soaring by an impressive 5.1%, and Ase Technology Holding, advancing by about 2.5%.
Challenges Faced by the Lithium ETF
Conversely, the Lithium ETF faced tumultuous waters on Friday, with a notable decline of approximately 3% during afternoon trading. Within this ETF, certain components struggled gravely, with Albemarle witnessing a dip of around 2.9%, and Tesla following suit with a decrease of about 1.8% for the day.