Stocks Mostly Higher Led By Tech; AMD Surges on New Products, Boeing Slumps After Groundings
• Major stock indexes held gains, with Nasdaq up 1.6% and small-cap Russell 2000 advancing 1.3% • AMD surged over 5% on new graphics card and desktop processor, reaching 20% profit zone • Boeing plunged after FAA grounded 737 MAX 9 planes following emergency landing • Nvidia hit all-time high, breaking out as AI stocks gain attention before CES 2023 • Axonics to be acquired by Boston Scientific for $71 per share, stock gaps up 20%