SMH ·australia ·3 hours ago

Wall Street rebounds as S&P 500 gains 1.1 percent, Intel jumps 10.6

Wall Street stocks rebounded on Thursday, with the S&P 500 gaining 1.1 percent and Intel surging 10.6 percent after President Trump announced a chip-making deal with Apple. The ASX is set to fall 0.6 percent amid ongoing concerns about rising interest rates. US markets will close Friday for the Juneteenth holiday.

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