Wall Street surged as President Trump hinted at a swift end to Middle East conflict, boosting tech giants like Alphabet. Investors are optimistic about de-escalation, despite ongoing inflation fears and mixed economic data. SpaceX’s IPO filing and positive drug approvals also fueled market gains, though Nike saw a significant drop.
US stocks today: Nasdaq ends lower as chip weakness offsets solid earnings, economic data
U.S. stocks slipped as chipmakers dragged the Nasdaq and S&P 500 lower despite solid economic data and strong earnings expectations. Semiconductor weakness offset gains in