Tech Rally Sparked by Iran Ceasefire Hopes
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Wall Street surged today, driven by a tech-led rally and optimism over a potential Iran ceasefire. The S&P 500 and Nasdaq Composite both gained, with tech and related sectors seeing significant inflows. Globalstar, Viasat, Pure Storage, Jabil, and Plexus were among the notable gainers, with Globalstar surging 9.5% and Pure Storage 4.9%. The markets shift from fear to optimism could lead to further gains if the de-escalation in Iran continues.
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