Bargain hunters propel Wall Street to its strongest quarter in six years – semiconductor comeback led by AMD, while CoreWeave and Oracle attempt a recovery – hopes for peace in the Gulf uplift sentiment, but the yen plummets to 40-year low – AeroVironment surges on drone numbers, Enphase races on AI electricity fantasy, and Dax grapples with the 25,000 mark
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USA & MACRO-ENVIRONMENT Wall Street heads towards a conciliatory close on the last trading day of the quarter The US indices show a stable to friendly trend, with the S&P 500 set for its largest quarterly gain in six years. The recovery is supported by a broad return of risk appetite: The heavyweight tech stocks of the Magnificent Seven are getting back on track, and the semiconductor stocks that have been battered recently are rising. The Semiconductor ETF SMH is up by about 0.8%, and the Magnificent Seven basket continues to...
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