Chip stocks brace for Monday after U.S. strikes Venezuela — three scenarios to watch
U.S. President Donald Trump said American forces struck Venezuela overnight and captured President Nicolas Maduro. The Philadelphia SE Semiconductor Index rose 4% Friday, but investors are watching oil and bond markets for fallout. Venezuela’s PDVSA oil operations reported no damage, though the port of La Guaira was badly hit. The U.N. Security Council will meet Monday to discuss the U.S. action.