Intel CorporationIntel surged 8% after Trump said it would work with Apple on domestic semiconductor production.
US stocks rallied sharply after President Trump signed a preliminary deal to end the US-Iran war, sending crude oil prices to a 3.5-month low and sparking risk-on sentiment. The S&P 500 rose 0.73%, the Dow Jones Industrial Average gained 0.53%, and the Nasdaq 100 jumped 1.62%. Chipmakers led the advance, with Intel surging more than 8% after Trump said it would work with Apple on domestic semiconductor production, while IT services stocks fell, led by a 16% plunge in Accenture on a disappointing revenue forecast. WTI crude oil dropped more than 2% to a new 3.5-month low after the ceasefire extension allowed the Strait of Hormuz to reopen, potentially releasing over 100 oil-laden tankers from the Persian Gulf. Weekly initial jobless claims fell to 226,000, and the Philadelphia Fed business outlook survey rose to 10.3, both supportive of the economic outlook.
Intel CorporationIntel surged 8% after Trump said it would work with Apple on domestic semiconductor production.
Analog Devices Inc
Applied Materials Inc
KLA Corporation
Lam Research Corp
Microchip Technology Inc
Micron Technology Inc
Sandisk Corp
Texas Instruments Incorporated
Accenture plcAccenture plunged 16% on a disappointing revenue forecast, indicating weak demand for its services.
Apple Inc.Trump said Intel would work with Apple on domestic semiconductor production, implying a partnership.
Advanced Micro Devices Inc
Arm Holdings plc American Depositary Shares
Cognizant Technology Solutions Corp Class A
Marvell Technology Group Ltd
American Airlines Group
Alaska Air Group Inc
Delta Air Lines Inc
Huron Consulting Group Inc
Southwest Airlines Company
United Airlines Holdings Inc
Carnival Corporation
Norwegian Cruise Line Holdings Ltd
Royal Caribbean Cruises Ltd
Integra LifeSciences Holdings
Novocure Ltd
Centrus Energy Corp.
Talen Energy Corporation
FactSet Research Systems Inc
Globant SA
International Business Machines
Kroger Company
NXP Semiconductors NV
Steel Dynamics Inc