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Stock Market Rips Higher On Hopes For U.S.-Iran Truce; Chip, Biotech, Gold Stocks Lead The Way

KEN SHREVE
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⚡ Quantum Brief
U.S. stocks surged Tuesday in a broad rally as investor optimism grew over potential de-escalation between the U.S. and Iran, marking the first day of a new market rally attempt. Semiconductor stocks led gains, reflecting renewed confidence in global supply chain stability amid reduced geopolitical tensions and sustained demand for advanced chip technologies. Biotech shares also climbed sharply, with analysts attributing the rise to eased Middle East concerns and ongoing innovation in quantum biology and AI-driven drug discovery platforms. Gold prices and mining stocks advanced as traders hedged against lingering uncertainty, though gains were tempered by the truce hopes and a stronger dollar. The rally followed weeks of volatility tied to Iran-related risks, with markets now pricing in lower odds of prolonged conflict disrupting energy and tech sectors.
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The stock market rallied powerfully Thursday and closed near session highs on the final trading day of March. Tuesday also marked the end of the first quarter for most companies, which resulted in higher volume on both exchanges as fund managers did some end-of-quarter portfolio repositioning. A 3.8% surge for the Nasdaq composite was most impressive for the first day… Related news Stocks Flashing Renewed Technical Strength: Marvell Technology 4/01/2026 Marvell Technology shows improving price performance, earning an upgrade to its IBD Relative Strength Rating. 4/01/2026 Marvell Technology shows improving price performance, earning an upgrade to...

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Source: Investor's Business Daily

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