BusinessPhoto: NDTV BusinessNasdaq Rises 1.6% as Chip Stocks End Nine-Day Slump
US technology stocks rebounded on Monday, led by semiconductor companies Intel, AMD, and Micron Technology, ending a nine-day losing streak. The Nasdaq Composite rose 1.6%, the S&P 500 gained 0.7%, while the Dow Jones remained flat. Investors anticipate quarterly results from Meta Platforms and Tesla. JPMorgan upgraded Intel, boosting its shares by 5%, with AMD and Micron also rising significantly.
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