Tech-powered rally on Wall Street retained its momentum, and semiconductor stocks extended their seven-week gains. The producer price index in April soared at the fastest pace since December 2022.
NVDA
NVDA
U.S. stocks advanced and attempted to create new record highs amid hopes of a peace deal between the U.S. and Iran, which could pave the way to normalize the ocean trade in the Strait of Hormuz.
AMD
AMD
Wall Street indexes hovered near record highs amid earnings optimism, and investors overlooked escalating tensions in the Middle East.
DUOL
DUOL