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Stocks Get Lift From Chipmakers as Oil Rally Wanes
Posted
July 20, 2026
Views
1,535
Likes
20
Comments
2
Engagement
1.43%
July 20, 2026
1,535
20
2
1.43%
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6:19Now PlayingA rebound in chipmakers powered Wall Street gains, with stocks also rising as an oil rally faded on hopes for a revival of a peace deal between the US and Iran that has all-but collapsed amid an escalation of hostilities.
The S&P 500 halted a back-to-back slide, with a gauge of semiconductor giants such as Nvidia Corp. and Broadcom Inc. climbing 2.3% after falling into a bear market last week.
Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, discusses the cautious optimism in the S&P 500.
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