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Saturday, 05/08/2004 5:19:09 PM

Saturday, May 08, 2004 5:19:09 PM

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OT: Chip stocks hold in positive territory

http://tinyurl.com/2koeh
By Chris Kraeuter, CBS.MarketWatch.com
Last Update: 4:46 PM ET May 7, 2004
SAN FRANCISCO (CBS.MW) - Most chip stocks managed to close with gains Friday, even as the broader market failed to capture early increases caused by economic data showing strong April jobs growth.

The Philadelphia Semiconductor Index ($SOX: news, chart, profile) added 1 percent to 457 and the Goldman Sachs Hardware Index (GHA: news, chart, profile) edged down 0.1 percent to 227.5.

For the week, the chip index added 3 percent and the hardware index added 1 percent.[/I]
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