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U.S. stocks rise as oil fluctuates
The US stocks rose at the start of the week despite oil price fluctuations resulting from tensions between the United States and Iran. The S&P 500 index increased by 0.6%, the Nasdaq by 0.9%, and the Dow Jones by 0.4%. Investor sentiment was supported by optimism about the possibility of reaching a diplomatic settlement with Iran, even though US strikes on the country continued for the ninth consecutive day. Semiconductor companies led the gains, with Micron Technology rising about 5% and the SMH ETF increasing by more than 2%. Oil prices remained stable around $82 a barrel after a decline, with expectations of potential impacts on the market.
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