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Wall Street Rises as Chip Stocks Rally, Investors Eye Tech Earnings
Major indexes up as semiconductor gains outweigh geopolitical and tariff concerns; tech earnings in focus.
Editorial companion
What stands out
Reuters captured a neat market pivot: a steep rally in semiconductor names refocused headlines away from Middle East hostilities and tariff skirmishes toward upcoming technology earnings, and that shift matters for Nasdaq, Inc. The exchange earns from trading, listings and market data, so a chip-led surge can lift volumes and fees even when geopolitics is noisy. Given Nasdaq's recent double-digit revenue and strong profit growth, this episode shows how short-term flows can amplify an already favorable business cycle.