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Oil Retreat and Tech Gains Drive Nasdaq +1.0% — Market Wrap Apr 14
Today's AI insights from 7horns.ai: the Nasdaq rose 1.0%, led by strong gains in technology stocks, while the S&P 500 climbed over 1% and the Dow added 0.6%. The market recovered from early losses driven by Middle East tensions and a spike in oil prices above $100 per barrel. Oil prices retreated nearly 2%, alleviating some energy concerns and helping fuel a tech-led rebound. Microsoft surged 3.64% and continued its momentum with a 1.06% pre-market gain. Oracle soared 12.71% after unveiling a major AI data center partnership with Bloom Energy, extending gains by 4.66% pre-market. Credo…
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