Business

Wall Street indices gain on robust semiconductor performance

Jun 19, 2026

New York [US], June 19: The US Wall Street stock indices closed Thursday's trading higher, supported by strong semiconductor company stocks and easing inflation concerns.
The S&P's 500 Index rose by 78.31 points, or 1.06%, to close at 7,498.41 points.
The Nasdaq Composite Index also climbed 496.28 points, or 1.87%, to close at 26,507.05 points, while the Dow Jones Industrial Average increased by 70.29 points, or 0.14%, reaching 51,562.84 points.
Source: Emirates News Agency

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izmo Microsystems Successfully Develops and Qualifies Indigenous Pitch Detector for Defence Avionics

Bengaluru (Karnataka) [India], November 3: izmo Limited (NSE: IZMO) (BSE: 532341) today announced that its semiconductor subsidiary, izmo Microsystems Pvt. Ltd., has successfully developed and completed defence qualification of an indigenous Pitch Detector - a critical avionics component that senses aircraft pitch attitude and provides correction data to the gyromagnetic compass navigation system. The component is used across multiple military aircraft and helicopter platforms currently in active service.

Nov 03, 2026