Wall Street indexes advance with boost from chips, Iran optimism

Wall Street indexes advance with boost from chips, Iran optimism

With markets closed on Friday for the Juneteenth holiday, the S&P 500 gained 0.93% for the week, compared with the Nasdaq’s 2.43% advance and the Dow’s 0.71% rise.

Wall Street advances on chips and Iran deal optimism

US stock indices have rallied, with the Nasdaq's 1.9 per cent advance boosted by gains in semiconductor shares while inflation fears eased after the US and Iran signed a peace agreement.

Wall Street indexes advance with boost from chips, US-Iran deal optimism

Investors were still assessing Kevin Warsh’s indication that the Fed would provide less guidance on future policy moves Read more at The Business Times.

Dow Rebounds 261 Points as Intel-Apple Chip Deal and Iran Peace Accord Lift Wall Street

Wall Street rebounded as Intel and Apple announced a U.S. chip manufacturing partnership, boosting tech stocks. The Dow Jones rose 261 points, recovering from previous losses due to Fed projections.