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The Economic Times
The Economic Times
Business

US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs data

Wall Street advanced on Thursday as ​progress toward ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip selloff that held the Nasdaq's gains in check.

The blue-chip Dow surged, hitting a record closing high with a boost from healthcare and financial stocks.

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