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Stocks Add to May Gains Friday with Tech Leading the Way Again. The Nasdaq Is up 8% for Month: Live Updates
S&P 500 and Nasdaq futures edged up 0.1% each as traders weighed ceasefire talks, missile reports and strong earnings from Dell Technologies.
- Stock futures remained near flat on Friday as traders monitored reports of a potential ceasefire extension between Iran and the White House, which confirmed both sides have "mostly agreed" to terms.
- Tensions persisted after Iranian state media outlet Fars reported that the country's armed forces fired missiles at unidentified targets late Thursday, while President Donald Trump mulled the ceasefire extension.
- Wall Street indexes hit record highs on Thursday, bolstered by technology sector gains where Dell Technologies surged 38.5 per cent and Peers Hewlett Packard Enterprise and Super Micro Computer gained 17.2 per cent and 11 per cent.
- Kate Moore, chief investment officer at Citi Wealth, said markets are driven more by strong earnings growth than Middle East tensions, with investors prioritizing the technology super cycle.
- Markets remain optimistic despite economic data showing inflation increased at its fastest pace in recent years, though Federal Reserve officials expressed skepticism over the economy's path and potential rate adjustments.
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The German stock market is once again subject to fluctuations in the geopolitical situation. New economic data also influence the price trend.
·Düsseldorf, Germany
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US Stock Market Today Live Updates: US stocks edge marginally lower; traders assess inflation data, Mideast developments
US Stock Market Today Live Updates: Fresh tensions between US and Iran has dampened investor hopes of a swift resolution to the war. As a result, the US stock futures are pointing towards a tepid start for Wall Street today.
·New Delhi, India
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Total News Sources11
Leaning Left1Leaning Right3Center3Last UpdatedBias Distribution43% Center, 43% Right
Bias Distribution
- 43% of the sources are Center, 43% of the sources lean Right
43% Right
14%
C 43%
R 43%
Factuality
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