Dow Jones Futures Signal Stock Market Rally Boost Amid Earnings Flood, AMD-Xilinx Deal

Posted Date: October 27 2020
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Dow Jones futures rose modestly Tuesday morning, along with S&P 500 futures and Nasdaq futures, amid a flurry of earnings reports and a major semiconductor deal.
AMD-Xilinx Deal
Advanced Micro Devices (AMD) will buy 5G chipmaker Xilinx (XLNX) for $35 billion in stock. AMD will pay 1.7234 shares for each Xilinx share, or $143 a share as of Monday's close.
 

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