Semiconductor Rally Lifts S&P 500 and Nasdaq to Fresh Highs Despite Middle East Tensions

New York stocks continued to rise even as unrest in the Middle East remained a source of concern. Strength in semiconductor shares supported the broader market, helping the S&P 500 and Nasdaq extend their march to record highs. The move suggests that chip-related stocks helped offset pressure from geopolitical uncertainty. Gains in semiconductor names also fed into buying across technology shares, underpinning the Nasdaq’s advance. Still, Middle East tensions remain a factor that could add volatility to markets. Investors are expected to keep watching both semiconductor momentum and geopolitical risks. Source: hankyung.com