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<US> S&P 500 Rises for Fourth Straight Day, Nasdaq Leads Gains; Amazon, Alphabet Advance
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The United States and Iran are reportedly discussing terms of a 45-day ceasefire agreement. Market expectations that tensions between the two countries may ease, coupled with a pullback in oil prices, improved investor sentiment, supporting US equities to trade steadily on Monday. The Nasdaq led gains, rising 117 points, or 0.5%, to close at 21,996. The S&P 500 gained 29 points, or 0.4%, to 6,611, marking its fourth consecutive day of advances. The DJIA added 165 points, or 0.4%, to 46,669. Amazon (AMZN.US), Apple (AAPL.US) and Alphabet (GOOG.US) each rose more than 1%. Memory chip stocks posted more notable gains. Seagate Technology (STX.US) climbed more than 5%, while Western Digital (WDC.US) and Micron (MU.US) each advanced 3%. Biopharmaceutical company Soleno Therapeutics (SLNO.US) surged over 32% for the day after Neurocrine Biosciences (NBIX.US) proposed to acquire the company in an all-cash deal at USD53 per share. (me/s) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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