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Big tech companies helped keep the major US equity indices afloat Thursday, thanks in part to a blockbuster sales forecast from chip giant Nvidia, even as the rest of the market wallowed in the face of concerns about a potential national debt default. The Nasdaq closed 1.7% while the S&P 500 gained 0.9%. On the other hand, the Dow declined for a 5th session dragged down by Intel shares. Meantime, European shares ended mixed yesterday, with the Euro Stoxx 50 index managing to squeeze in a small gain.
Summary for 26.05.2023
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