S&P 500 Hits New Highs as Semiconductor Stocks Rise Amid Easing Geopolitical Tensions

The S&P 500 reached record levels, driven by a surge in semiconductor stocks and easing geopolitical tensions. Oil prices fell nearly 9% amid reports of potential progress on an Iran deal.

By Gerelyn Terzo Wed, May 6, 2026 at 3:33 PM GMT+3 4 min read · Yahoo Finance · May 6, 2026, 12:33 UTC

Tickers: $AMD $MU

Topics: Iran tensions oil prices S&P 500 semiconductors

Read the full article at Yahoo Finance

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