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The fear-gauge Vix index retreated from the 24-handle to a low-20 as investors appear to be growing less nervous around the prospects of a protracted conflict in the Middle East.
Micron (MU) jumped 5.5% as traders favored memory stocks amid easing geopolitical fears.
KEY POINTS
- Coinbase (COIN) surged 15%, making it one of the S&P 500’s best performers for the day.
- The Trade Desk (TTD) rose 9.1% following a report of a new ad partnership with OpenAI.
- Grocery Outlet (GO) shares fell 21.4% after reporting earnings, marking a significant decline.
COMPANIES
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