New York stocks, Nasdaq 1.3% up on semiconductor strength
9On the day (local time), New York stocks closed higher on strength in semiconductor stocks. Semiconductor ETFs and individual semiconductor stocks led the index higher, and international oil prices fell.
New York stocks 7in 9closed higher on semiconductor strength. Semiconductor-related stocks led the index higher, strengthening the tech-heavy trend.
The Dow Jones 30Industrial Average finished the session at 0.27% up, at 5million2487.41."
The Standard & Poor’s (S&P) 500index closed at 0.81% higher at 7,543.64.
The Nasdaq index 1.30rose 26,206.89to close at the end of trading.
The VanEck Semiconductor ETF (SMH) 2.5gained , while Micron Technology 4.52rose . SanDisk 7.59surged .
The United States carried out airstrikes on Iran for two straight days through last 8, and tensions between the two sides escalated. However, President Donald Trump said that on the same day, Iran called and said it wanted a deal.
Despite tensions in the Middle East, international oil prices fell. At the New York Mercantile Exchange, 8month West Texas Intermediate (WTI) crude was at 72.08a barrel, down 1.44from the previous session.
At the London ICE Futures Exchange, 9month Brent crude was at 76.30a barrel, down 1.72. Qatar and Pakistan are making mediation efforts to bring both sides to the negotiating table.
Sources: 뉴시스 경제
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