THREE NON - CHIP STOCKS GAIN AS SEMICONDUCTOR ETF EXTENDS ITS LOSING RUN

What happened: Three non-chip stocks advanced on Thursday, Oct. 15, while the iShares Semiconductor ETF (SOXX) fell again, splitting performance between semiconductor and non-chip shares. Key numbers: Eli Lilly rose 3.6%, Waste Management 3.9%, Kimberly-Clark 4.7%. SOXX fell for an eighth consecutive session. The three stocks were each up at least 6% for the week through Thursday. Why it matters: The divergence shows non-chip shares gaining while the semiconductor ETF extended its losing run, with the three stocks posting weekly gains of at least 6%.

Three non-chip stocks advanced on Thursday, Oct. 15, while the iShares Semiconductor ETF (SOXX) fell again, splitting performance between semiconductor and non-chip shares.

The divergence shows non-chip shares gaining while the semiconductor ETF extended its losing run, with the three stocks posting weekly gains of at least 6%.