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S&P 500, Nasdaq close at records, boosted by Intel, as investors hope for a restart to U.S.-Iran talks
Intel shares jumped 15% after the chipmaker beat Wall Street estimates and raised its forecast as ceasefire news steadied futures.
- The S&P 500 rose to a record high, led by Intel's 23.6% stock surge after strong earnings and an optimistic AI-related profit forecast by CEO Lip-Bu Tan.
- President Donald Trump is sending envoys Jared Kushner and Steve Witkoff to Pakistan to meet with Iran's foreign minister amid hopes for renewed US-Iran ceasefire talks.
- Global tech stocks and chipmakers advanced, while oil prices fluctuated amid Middle East tensions causing uncertainty over key shipping routes.
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Stock Market Today: Nasdaq, S&P 500 Set Intraday, Closing Records as Intel Soars; Oil Falls on US-Iran Peace Talks; DOJ Drops Probe of Fed's Powell
Stocks ended mostly in the green Friday, powered by soaring shares of Intel, with the Nasdaq Composite and S&P 500 finishing higher for a fourth straight week after setting their latest intraday and closing records.
Stocks Hit All-Time Highs on US-Iran Talk Optimism: Markets Wrap
(Bloomberg) -- Hopes the US and Iran will be back to the negotiating table drove stocks to all-time highs, with the market also rising after a blowout forecast from Intel Corp. and the closing of a probe into Federal Reserve Chair Jerome Powell.
·Bern, Switzerland
Read Full ArticleThe S&P 500 and Nasdaq indices closed at new records today, after investors received an encouraging signal that peace talks between the US and… The S&P 500 and Nasdaq indices closed at new records on Wall Street - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
Coverage Details
Total News Sources6
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
Factuality
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