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Wall Street rises as AI stocks swing back upward and oil prices ease
The U.S. stock market rebounded as AI stocks surged and oil prices declined, with the S&P 500, Dow Jones, and Nasdaq all posting gains. AI-related companies like Marvell Technology, Intel, and Applied Materials saw significant stock increases, while Oracle dropped despite strong quarterly profits. Oil prices fell despite heightened tensions in the U.S.-Iran conflict.
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Adjacent reporting
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- Wall Street ticks higher as AI stocks recover more losses and oil prices ease
- AI stocks recover some of last week's sell-off, while oil prices come off their overnight highs
- The Dow jumps 800 points as oil prices ease, but slumping AI stocks keep Wall Street in check
- AI stocks recover some of last week's sell-off, while oil prices come off their overnight highs
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