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US Stocks Rally as Tech Shares Surge Amid Progress in US‑Iran Talks
Nasdaq increased by 2.82% as a Qatar‑Pakistan plan revived U.S.-Iran talks, while oil prices fell and most major assets and indexes advanced. The S&P 500 rose 2%, marking its biggest intraday gain in three months, and the Nasdaq Composite climbed 2.4%. The Dow Jones Industrial Average also advanced, up 1.6% during the session. Technology shares led the Nasdaq 100 higher, which rose as much as 2.66% and later settled up 2%, even as Nvidia shares declined. Bitcoin was priced around $74,775 and Ethereum around $2,129.