Stock Market Today: S&P 500 Gains Traction Amid U.S.-Iran News; ASML, Arm, Astera Bolt Higher (Live Coverage) - Investor's Business Daily
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- Investor's Business Daily's live coverage showed the S&P 500 gaining traction amid U.S.-Iran developments, with chip-related names ASML, Arm, and Astera described as "bolting higher."
- Bloomberg's markets wrap reported oil gaining and U.S. stock futures dropping on new strikes, while Investor's Business Daily separately flagged the Nasdaq retaking a key level as AI chip stocks Arm, Micron, and SanDisk surged.
Why it matters: Semiconductor and AI-exposed names led the equity gains, suggesting traders viewed the U.S.-Iran strikes as contained — though oil rising and futures initially dropping on strikes showed underlying risk aversion flickered before reversing intraday.
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