The Nasdaq Composite reached a historic peak on Friday, driven by a surge in semiconductor equities. Market optimism grew as the United States continued ceasefire negotiations with Iran.
- Nasdaq Composite closed at record 24,836.60
- Daily index increase of 1.6%
- Intel led a sharp rally in semiconductor stocks
- U.S.-Iran ceasefire negotiations reduced market volatility
- Tech-heavy index hit an all-time high
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