INTC
The market’s favorite mood swing
Wall Street woke up in a good mood and kept the energy drink on hand. Chip makers did the heavy lifting, with Intel blasting 13% higher and helping drag the Nasdaq and S&P 500 to fresh records.
That matters because semiconductors are basically the market’s “is tech still the future?” vote. When chips rip, growth traders start acting like the party’s just getting started.
Oil took the opposite exit
Meanwhile, crude slipped as hopes rose that tensions in the Mideast might be easing. That’s the kind of headline investors love only because it usually means less risk of an ugly supply shock hitting energy markets and, by extension, inflation.
If you’re keeping score, the message was pretty straightforward:
- semis = green lights
- oil = fewer panic fumes
- stocks = happy enough to print new highs
Why you should care
This isn’t just a random day-trade fireworks show. A rally led by chips can tell you where the market’s conviction is strongest, while softer oil can take a little pressure off rates, margins, and consumer spending.
Big picture: when tech leadership and calmer geopolitics show up together, index bulls start smiling like they found an extra fry at the bottom of the bag.