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How ceasefire hopes and AI fueled Nasdaq’s 1.64% surge — Market Wrap Apr 22

Today's AI insights from 7horns.ai reveal a strong U.S. stock market recovery, with the Nasdaq Composite leading gains, rising 1.64% to a new intraday high. The S&P 500 climbed 1.03% to close at a record 7137, while the Dow Jones added 0.69%. The market rally was driven by an extension of the U.S.-Iran ceasefire, boosting risk appetite, alongside robust corporate earnings and sustained enthusiasm for AI and semiconductor sectors. Megacap tech stocks saw notable gains: Apple surged 2.63%, Microsoft gained 2.07%, and Amazon rose 2.18%. Semiconductor and clean energy names outperformed, with…

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