Stocks Hit Record High on Jobs as Chipmakers Surge
Signs of labor-market strength drove stocks to all-time highs, bolstering speculation that the world’s largest economy remains resilient in the face of an energy shock triggered by the Iran war. Bets that solid growth will keep powering earnings sent the S&P 500 to its sixth straight weekly advance. A revival of the artificial-intelligence trade fueled an 11% jump in a gauge of chipmakers since last Friday. Oil notched a slide for the week. The US and Iran are working with mediators to formulate a memorandum of understanding that would set the parameters for a month of talks to end the war, the Wall Street Journal reported. Christel Rendu de Lint, co-CEO at Vontobel joins to discuss. (Source: Bloomberg)المصدر: Bloomberg | Source: Bloomberg
ملاحظة تحريرية | Editorial Note: نُشر هذا المقال في الأصل بواسطة Bloomberg. خبر (Khabr) هي منصة إعلامية أردنية مرخّصة تعمل بالذكاء الاصطناعي. نضيف قيمة تحريرية من خلال: تحليل ذكي للأخبار، ملخصات تلقائية، رواية صوتية بالذكاء الاصطناعي، ترجمة متعددة اللغات، وتدقيق الحقائق. هدفنا جعل الأخبار أكثر وضوحاً وسهولةً للقارئ العربي.
This article was originally published by Bloomberg. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
