Amid market focus on Iran war negotiations, investors were optimistic about corporate earnings and the artificial intelligence (AI) boom, leading to a strong rally in US stocks, with the Dow Jones Industrial Average hitting a record high for the second consecutive trading session. The Dow Jones Industrial Average rose 294.04 points, or 0.58%, to close at 50,579.70 points. The S&P 500 index rose 27.75 points, or 0.37%, to close at 7,473.47 points. The tech-heavy Nasdaq index rose 50.87 points, or 0.19%, to close at 26,343.97 points. The Philadelphia Semiconductor Index rose 238.458 points, or 1.99%, to close at 12,202.543 points.

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  • Source: CNA (Central News Agency)
  • Category: market_report