Semiconductor Strength Lifts S&P 500, Nasdaq to Records Despite Middle East Unrest

U.S. stocks maintained their upward momentum despite the burden of unrest in the Middle East, supported by strength in semiconductor-related shares. The S&P 500 and Nasdaq continued their record-setting runs, with buying centered on technology stocks reportedly leading the market. Geopolitical tension can limit appetite for risk assets, but the semiconductor sector helped support index gains and defend investor sentiment. Market attention is now focused on whether Middle East uncertainty will spread and whether semiconductor strength can keep backing further gains in major indexes. Source: hankyung.com