Wall St indexes advance with boost from chips, Iran optimism

U.S. stock indexes closed higher ⁠on ⁠Thursday, with a strong boost from semiconductor ⁠shares and easing inflation fears, although investors still priced in interest rate hikes this year from ​the Federal Reserve. The Philadelphia semiconductor index sharply outperformed the rest of the market as Intel’s shares jumped to a record high. U.S. President Donald Trump ‌said iPhone maker Apple had agreed to ‌work with Intel to design and manufacture its chips in the U.S. Early in the session, oil…

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