Wall Street ended higher on Thursday, led by strong gains in chip stocks as investor optimism returned to the technology sector. Semiconductor shares rallied sharply after reports of robust demand and easing supply chain concerns, lifting the Nasdaq Composite and supporting broader indices.
The S&P 500 and Dow Jones also closed in positive territory, reflecting broad-based buying across tech, industrials, and consumer sectors. Analysts noted that the rebound in chip stocks helped offset lingering worries about inflation and global trade tensions.
Market experts suggest that semiconductor performance remains a key driver for investor sentiment, with the sector’s resilience seen as a bellwether for overall market strength.
