Nasdaq Gains on Hopes for U.S.-China Chips Deal - WSJ
1. Chip stocks rallied amid potential easing of U.S. restrictions on China semiconductors. 2. U.S. and China engaged in talks to discuss export controls. 3. Comments from Kevin Hassett boosted hopes for relaxed trade barriers. 4. Prevailing tariffs may still negatively affect economic growth. 5. The S&P 500 and semiconductor ETF both experienced upward movement.