The market staged a comeback today, fueled by a tech rally led by semiconductor giants like Micron and Sandisk, buoyed by Microsoft’s AI deal with AMD. Despite lingering trade tensions, investor confidence held as chip stocks surged, aided by strong earnings from GM. Industrial and energy sectors also gained, while communications and defensive stocks lagged. Gold rose and yields climbed, hinting at a complex, sector-divided market. Upcoming earnings from Alphabet and Tesla will reveal how AI investments are shaping corporate profits—and whether this tech-driven rebound can sustain momentum amid global headwinds.
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