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A rout in chip stocks and ramp-up in Middle East tensions pulled down the major averages on Wednesday.
U.S. equities gained on Thursday, boosted by a rebound in chip stocks after recent pressure, but the advance was capped as U.S.-Iran tensions ramped up. The S&P 500 gained 0.3%, while the Nasdaq…
What we know
- Source: CNBC
- Byline: Sean Conlon, Lisa Kailai Han, Justina Lee
- Published: 11 Jun 2026 15:59
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