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How Mideast Tensions Halted Tech Rally Despite Nasdaq’s 1.91% Gain — Market Wrap Jun 19
Today's AI insights from 7horns.ai: the Nasdaq Composite surged 1.91% while the S&P 500 rose 1.08%, driven by a tech-led rally on Thursday. However, futures markets turned sharply negative post-close amid renewed fighting between Israel and Hezbollah, postponing U.S.-Iran peace talks and dampening optimism. Nvidia and Amazon led gains with increases of 2.95% and 2.90% respectively, while Bloom Energy soared 15.41% fueled by clean energy and data center demand. SanDisk also jumped 11.54% amid flash memory shortages. Conversely, traditional IT services lagged as investors rotated into AI…
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