Wall Street stocks rise as Intel gains 10.6% on Trump announcement
Stocks rose on Wall Street on Thursday, with the S&P 500 gaining 1.1 percent and the Nasdaq composite up 1.7 percent. Intel surged 10.6 percent after President Trump announced a deal to produce chips for Apple in the US. The Australian sharemarket is set to fall, with futures indicating a loss of 51 points.
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Published 18 Jun 2026, 19:21 UTC · Updated 18 Jun 2026, 19:30 UTC
Summary by OZbrief Editorial. Original report: The Age. Editorial policy · Corrections
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