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U.S. stock market continues to rise, investors evaluate economic data and Trump's impact
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5 hours ago 1,195
U.S. stocks rose for the second straight trading day on Monday, with investors seeking low-buy buying after four consecutive weeks of declines in the Nasdaq and S&P 500, and assessing the latest economic data to measure the impact of Trump's administration's policies. Of the 11 major sectors of the S&P, the real estate and energy sectors led the gains, while consumer discretionary products were the only sectors that fell. Tesla (TSLA.O) fell 4.79% after Ruisui lowered its target share price from $515 to $430, and the stock has fallen 41% this year. Quantum computing stocks surged as artificial intelligence chip maker NVDA.O held its annual conference. Intel (INTC.O) rose 6.82% after Reuters reported that new CEO Chen Liwu was considering major changes to his chip manufacturing methods and artificial intelligence strategy.
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