Stocks Climb as Rebound in Chipmakers Gathers Pace: Markets Wrap
US stocks climbed on July 20 as beaten-down chipmakers rebounded, with the S&P 500 up about 0.3% near 7,482 and the Nasdaq 100 higher while the Dow slipped 0.2%. Micron rose 5.7% and Broadcom 3.4% as AI-infrastructure optimism returned, even as Treasury yields rose with oil near $82.60 a barrel.
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