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Dow, S&P 500 and Nasdaq rise as TSMC outlook sparks rally in chip stocks

Despite a recent sharp rise in mortgage rates, homebuilders are feeling more confident about the real estate market. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index rose two points to 43 in October from the previous month,…

Nasdaq futures rise as TSMC outlook eases AI worries

U.S.-listed shares of Taiwan Semiconductor Manufacturing Company (TSM) rose 9.6% in premarket trading, putting the stock at an all-time high after its third-quarter earnings beat analysts' estimates. TSMC posted a 54% jump in profits and raised its full-year outlook. TSMC…