Middle East Progress Boosts Investor Confidence; Dow, S&P 500 Close Higher
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Optimism over a potential end to the Middle East war lifted investor sentiment. The Dow Jones Industrial Average, driven by healthcare and financial stocks, rose 874.86 points to a record close of 51,561.93. The S&P 500 also edged up. However, the Nasdaq fell slightly due to selling pressure in chip stocks, and the Philadelphia Semiconductor Index dropped 2.15%.