Wall Street closes sharply higher as tech, chips and energy lead a broad risk-on surge
Executive summary: U.S. equities finished higher across the board, led by a powerful rebound in technology and semiconductor shares, while oil, gold and silver also jumped. The Nasdaq Composite rose 2.67%, the S&P 500 gained 2.01% and the Dow added 1.50%, with Nvidia, Microsoft and Tesla among the standout large-cap winners. The move came alongside a sharp rise in WTI crude and a weaker Ether price, underscoring a session where inflation-sensitive commodities and growth stocks both drew heavy attention. [Continue Reading]
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Wall Street Opens Higher as Tech, Chips and Commodities Lead a Broad Risk-On Move
Executive summary: U.S. markets opened sharply higher, led by AI and chip stocks, with the Nasdaq Composite, S&P 500 and Russell 2000 all advancing. The strongest moves came in SOXX, XLK and crude oil, while gold also extended its rally. The opening tone points to a broad risk-on session, with investors rotating into growth, energy and defensive hedges at the same time. [Continue Reading]
US tightens curbs on foreign-made robots and tech linked to China rivalry
The United States has moved to tighten restrictions on foreign-made humanoid robots and certain power inverters, in a step framed by officials as a national security measure. The move comes amid a wider technology rivalry with China that spans artificial intelligence, chips and industrial supply chains. It also reflects growing concern in Washington about dependence on overseas manufacturing in sectors seen as strategically important.According to the supplied material, the US has banned imports of foreign-made humanoid robots. It has also blocked power inverters used in data centres and solar energy systems. The measures were presented as part of a broader... [Continue Reading]

