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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The Nasdaq rose 0.46% driven by a surge in technology and semiconductor shares after US initial jobless claims fell to 215,000, coming in lower than expected. While the consumer staples sector and the Dow Jones saw declines, investor sentiment improved, shifting the CNN Fear and Greed Index into the Neutral zone. US stocks continued their gains in the final hour of trading following a soft inflation reading.