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Stocks rose on Thursday, supported by a jump in semiconductors and a fall in oil prices, as equity markets tried to recover despite renewed U.S.-Iran tensions.
The Dow Jones Industrials gained 158.62 points to 52,507.01.
The S&P 500 moved higher 44.1 points to 7,526.81.
The NASDAQ captured 209.22 points to 27,079.87, led by a 6% gain in Micron Technology. Sandisk rose 5%.
Prices for the 10-year Treasury backtracked, raising yields to 4.55% from Wednesday’s 4.57%. Treasury prices and yields move in opposite directions.
Oil prices lost $1.47 to $72.05 U.S. a barrel.
Gold prices brightened $57.50 to $4,139.90 U.S. an ounce.