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<US> Renewed Hopes for End of US-Iran War as DJIA Surges Over 600 Points, Nasdaq Leads with 2% Gain
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The Wall Street Journal reported that US President Donald Trump indicated to aides that he is willing to end military hostilities in the Middle East even if the Strait of Hormuz remains closed. Investors are once again hopeful that the US-Iran war may soon come to an end. US stocks turned upward on Tuesday, with early gains expanding. The Nasdaq rose 390 points or 1.9%, the S&P 500 increased by 90 points or 1.6%, and the DJIA climbed 600 points or 1.4%.

Tech stocks, which have been under pressure since the outbreak of the Iran conflict, generally rose. The Technology Select Sector SPDR Fund (XLK.US) increased by over 1%. NVIDIA (NVDA.US) plans to invest USD2 billion in Marvell (MRVL.US), with Marvell's stock rising 7% and NVIDIA up 1%. Microsoft (MSFT.US) rose 2%.

Related NewsInitial Jobless Claims for Mar/21 in the United States is 210K, higher than the previous value of 205K. The forecast was 210K.
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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
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