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US500 Rebounds to Record Highs as Oil Price Drop Offsets Tech Semiconductor Sell-Off

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The Story

News Summary

  • The S&P 500 rose 0.4% as cooling oil prices and a new ceasefire agreement eased inflationary pressures, overshadowing a sell-off in the semiconductor sector triggered by Broadcom’s disappointing AI revenue outlook.
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108.42 +69.06% over the displayed period

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