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The Economic Times
The Economic Times
Business

US stocks: US market ticks up as chips rebound, Middle East in focus

Wall Street's major indexes inched higher on Thursday, as investors sought bargains in beaten-down technology stocks and kept a close watch on developments around the Middle East conflict.

Chipmakers bounced back after Wednesday's selloff sent major Wall Street indexes down more than 1% and technology stocks into correction territory, a 10% drop from their record close.

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