The stock market showed mixed performances today as the Dow and S&P 500 indices wavered, while the Nasdaq edged higher. This movement reflects Wall Street’s attempt to extend a recent rally. Notably, Super Micro and AI-related stocks experienced significant jumps. The Nasdaq saw a substantial rise of 4%, clearing the 200-day moving average line, which is often considered a key technical indicator. This positive momentum comes after the announcement of a US-China tariff pause, which boosted investor sentiment. The Dow, having increased by 1,110 points, is on track to exit its correction phase. These developments highlight ongoing investor interest in technology and artificial intelligence sectors, alongside broader market trends.
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