Wall Street closes broadly higher as tech leads, oil slides and gold firms, with Apple the notable laggard
Executive summary: U.S. equities finished sharply higher, led by the Nasdaq Composite and S&P 500, as megacap tech, semiconductors and cyclicals helped power a broad advance. Microsoft, Amazon, Nvidia and Tesla all posted solid gains, while Apple and parts of the AI chip complex lagged. Falling WTI crude, a stronger gold tape and a weaker USD/JPY added to the cross-asset picture, suggesting investors leaned into growth and rate-sensitive exposures while rotating away from some energy and crypto-linked risk. [Continue Reading]
360LiveNews Markets Intelligence | 03 Aug 2026 21:15 LONDON
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