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News in English (USA) / 26.09.2024 / 23:00

US Stock Market Soars Amid Positive Economic Data and Micron's Robust Earnings

Today, the US stock market experienced significant gains as the S&P 500 and Nasdaq indices rallied, driven by upbeat economic data and a strong performance from chipmaker Micron. The Dow Jones jumped over 250 points, marking a fresh record for the S&P 500. Analysts attribute this surge to positive GDP figures and an optimistic forecast from Micron, which saw its shares soar by 17%. Additionally, China's recent stimulus measures have created a wave of optimism, further bolstering market sentiment. While oil prices have seen a decline, they have not dampened the overall positive momentum within the equity markets. Investors are closely monitoring stocks such as Super Micro and Southwest Airlines amidst this growth in technology and chip sectors.
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