🚹 MARKET SNAP: TECH & BANKS LEAD WALL STREET RALLY 📈

Wall Street snapped a two-day losing streak as major tech and bank stocks bounced back, driven by strong earnings and upbeat jobs data. (Reuters)

💡 What’s Driving the Rally

đŸ”„ Tech strength: Taiwan Semiconductor (TSMC) posted record profits, lifting chip names and broader tech sentiment. (Reuters)

🏩 Banks surge: Goldman Sachs, Morgan Stanley, BlackRock and other financials climbed after solid results. (Reuters)

📊 Jobs data boost: Lower than expected jobless claims strengthened the dollar and reinforced confidence in U.S. growth. (Reuters)

📉 Commodities & Safe Havens

🟡 Gold retreats: After hitting recent highs, bullion eased as geopolitical risk softened and the dollar firmed. (Investing.com South Africa)

đŸ›ąïž Oil slides: Prices fell sharply as fears of Iran conflict eased and risk premiums dropped. (Investing.com South Africa)

đŸ”„ Key Index Moves

‱ S&P 500 — modest gains

‱ Nasdaq — lifted by chips and tech stocks

‱ Dow Jones — broad strength led by financials

🧠 MARKET TAKEAWAYS

đŸ”č Risk assets rebound as uncertainty fades

đŸ”č Tech + finance stocks lead the upward rotation

đŸ”č Safe havens like gold lose steam on macro enthusiasm

đŸ”č Dollar strength adds pressure on commodities

📌 Traders remain alert — any new macro or geopolitical signal can quickly shift sentiment again.

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