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Tech Earnings Drive Market Rally | US News
Description
The stock market surged this week, led by a surprising comeback in the semiconductor sector as investors bet big on upcoming AI-driven earnings from giants like Alphabet and Intel. Despite global tensions and looming tariffs, traders are focused on corporate results, with some warning that tech stocks may already be priced for perfection. Meanwhile, individual movers like 3M and Hasbro boosted their shares with upbeat forecasts, while Danaher stumbled on lowered growth expectations. With midterm elections looming, investors are betting that economic headwinds will be managed — and that tech earnings will steer the market’s next move.
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