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American stocks rise supported by inflation data and semiconductor sector gains
The U.S. stock market saw a significant rise thanks to easing inflation in June, with the Dow Jones index increasing by 0.50% to reach 52,766 points. The S&P 500 also gained 0.50%, closing at 7,579 points, while the Nasdaq rose by 0.70%, ending the day at 26,288 points. Shares of chip companies such as Intel, Qualcomm, and AMD experienced strong gains after they raised their sales forecasts to boost demand for AI chips.
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