Chipmakers and AI-linked companies surged, with Micron Technology advancing 11% and Sandisk up 6.5%.
The S&P 500 and Nasdaq indices experienced a significant rally following a breakthrough deal to reopen the Strait of Hormuz, easing global trade concerns. SpaceX also recorded gains, contributing to the positive market sentiment. Key beneficiaries included chipmakers and…
Market Samachar is a news aggregator. This article was originally published by NDTV Profit - Latest. Tap the button above to read the full story on their site.