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US equity markets saw a mixed but positive shift as the Nasdaq 100 rose by 1.2% bolstered by tech gains, even as the Dow Jones index fell more than 150 points midway through trading. Geopolitical tensions eased following new hopes for diplomatic progress between Washington and Tehran, reducing immediate concerns over energy price volatility. Corporate sentiment was supported by Procter & Gamble posting upbeat quarterly earnings that exceeded estimates, alongside a strong outlook from Intel for semiconductor stocks. Investors remain focused on earnings from major players like Tesla and IBM as they navigate the current macroeconomic landscape. This recovery reflects a cautious balance as traders weigh potential diplomatic breakthroughs against corporate resilience. Market sentiment is expected to remain sensitive to further developments in international relations and their impact on global economic stability.
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