Retail Surge Boosts Market Confidence Amid Chip Stock Rally ...Middle East

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Retail Surge Boosts Market Confidence Amid Chip Stock Rally
source : Devdiscourse ( Middle East ) () 92
On Thursday, the Dow Jones Industrial Average celebrated its fourth record close in five sessions, fueled by robust U.S. retail sales and the promising outlook in chip stocks, especially from Taiwan Semiconductor Manufacturing Co (TSMC). While TSMC's upbeat forecast propelled U.S.-listed shares and boosted AI favorite Nvidia, other leading indexes, the S&P 500 and Nasdaq Composite, saw little change.

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