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Nasdaq Gains on Tech Rebound
U.S. stock indices rose today, with investors returning to technology shares after a significant decline last week due to concerns related to artificial intelligence. The Nasdaq increased by 1%, while the S&P 500 rose by 0.5%, despite the Dow Jones dropping by 63 points. Stocks of companies such as Intel, CorWif, and AMD saw gains following positive ratings from analysts, even though the market experienced a sharp decline last week amid fears of slowing growth in AI investments. The markets are now focusing on the upcoming earnings reports from major companies like Meta and Tesla, amid rising concerns over reduced AI spending and a deteriorating bond market. The technology sector remains under pressure, and oil prices are being closely watched due to tensions in the Arabian Gulf and increasing attacks on energy infrastructure.
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