U.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate hikes. Intel surged to a record high after President Trump announced a deal for U.S.-based chip design and manufacturing. Oil prices slid as the U.S. and Iran extended an interim agreement, allowing for continued passage through the Strait of Hormuz.
US stock indexes advanced on Thursday, driven by strong performance in semiconductor shares and easing inflation concerns. Intel notably surged to a record high following a deal announced for US-based chip design and manufacturing. Oil prices declined after an interim agreement…
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