The Dow is outperforming as it extends its gains, while the S&P 500 stalls near session highs. Boeing (BA 87.98, +2.81) is the best-performing name in the Dow.
The Semiconductor Index (+1.2%) is outperforming, partially due to strength in Texas Instruments
(TXN 32.55, +0.76). Citigroup upgraded Texas Instruments to Buy from
Hold, and added the company to Citi's Top Picks Live list. Citi
expects a significant increase in chip orders in the second half of
2008. The enthusiasm in semiconductor stocks has not translated to the
rest of the tech sector (+0.5%).