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Dow Jones futures fell solidly early Wednesday after the U.S. and Iran exchanged fresh attacks. Futures suggest the S&P 500 and Nasdaq will move back toward their 50-day moving averages.
Nvidia chipmaker Taiwan Semiconductor (TSM) reported strong sales with the CPI inflation report due before the open with Oracle (ORCL) earnings after the close.
The stock market rally had a whipsaw mixed session Tuesday, with an ugly downside reversal followed by a rebound from key support. AI and chip fears triggered the sell-off, followed by President Donald Trump saying the U.S. must "respond" to Iran shooting down an Apache helicopter.
Some tech and AI stocks recovered, while others closed sharply lower. Medicals, transports and some financials held up relatively well.
The video embedded in the article reviews Tuesday's market action and ***** yzes TG Therapeutics (TGTX), Enova International (ENVA) and Bloom Energy (BE).
4 days ago

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