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S&P 500 and Nasdaq notched record high closes on Tuesday, lifted by Intel and other AI-related stocks.
The Philadelphia SE Semiconductor index reached a record high, driven by AI-related stocks like Intel.
KEY POINTS
- S&P 500 companies are expected to post 28% year-over-year earnings growth for Q1, the strongest since 2021.
- Washington confirmed its ceasefire with Iran remains intact, calming geopolitical tensions over the Strait of Hormuz.
- Investors anticipate AMD's quarterly revenue will surge by 33%, preceding its latest earnings report.
COMPANIES
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