S&P 500 rebounds 1% as tech surges on Intel-Apple chip rumor and Iran deal

Price ActionGeopoliticsCommodity Impact 4
โดย The Motley Fool·Read original
Summary · why it matters

The S&P 500 rose 1% on Thursday, recovering from the prior day's 1.2% drop, while the Dow Jones Industrial Average lagged with a 0.4% gain. The Nasdaq Composite climbed 1.5%, driven by a semiconductor rally after President Trump posted on Truth Social that Apple and Intel would partner to build chips in America, though neither company confirmed the deal. Intel surged 10.4%, Micron Technology jumped 7.9%, and Broadcom added 3.9%. Separately, Trump signed an interim peace deal with Iran, reopening the Strait of Hormuz for 60 days, which pushed the United States Oil Fund down 2.1% on expectations of increased supply. Space Exploration Technologies fell 9.9%, weighing on the Nasdaq Composite, while Caterpillar added 192 points to the Dow with a 3.3% gain and IBM subtracted 81 points after falling 5%.

Impact on stocks 9

Artificial Intelligence▲ · 4 stocks
Broadcom Inc
AVGO
▲ PositiveTechnologyrelevance

Broadcom added 3.9% as part of the semiconductor rally driven by the Intel-Apple rumor.

Apple Inc.
AAPL
± MixedTechnologyrelevance

Unconfirmed rumor of chip partnership with Intel; no confirmation from Apple.

Semiconductors▲ · 2 stocks
Intel Corporation
INTC
▲ PositiveTechnologyrelevance

Surged 10.4% on unconfirmed rumor of chip partnership with Apple.

Micron Technology Inc
MU
▲ PositiveDemandTechnologyrelevance

Intel-Apple chip partnership rumor boosts semiconductor sector, benefiting Micron as a memory chip supplier.

Space Economy▼ · 1 stocks
Quantum Computing▼ · 1 stocks
Energy Transition & Power Demand▲ · 1 stocks
Caterpillar Inc
CAT
▲ PositiveGeopoliticsrelevance

Gained 3.3% on Iran peace deal, likely due to reduced geopolitical risk.

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