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TSMC Sparks Tech Rally as U.S. Futures Rebound

A fresh wave of optimism swept through financial markets as U.S. stock futures climbed, led by a strong rebound in the tech sector. Nasdaq futures outperformed early Thursday, followed by gains in the S&P 500 and Dow Jones Industrial Average, signaling renewed confidence after two sessions of declines. The surge was fueled by an upbeat outlook from Taiwan Semiconductor Manufacturing Company (TSMC), whose latest results highlighted the continued strength of the AI-driven chip boom. The company reported a sharp rise in quarterly profit and reaffirmed its commitment to heavy investment in advanced semiconductor production—an encouraging sign for investors betting on long-term AI growth. TSMC’s momentum lifted semiconductor stocks globally and helped restore confidence in megacap tech names that had recently come under pressure. With earnings season underway and broader economic signals still mixed, the market’s reaction suggests that AI remains one of the most powerful forces shapi...
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Markets Plunge Amid Escalating Tariff Concerns

Global markets faced a sharp downturn as the Trump administration's tariff policies sent shockwaves through the financial world. The Toronto Stock Exchange (TSX) closed with a staggering loss of over 1,100 points, while the Dow Jones Industrial Average plummeted by 2,200 points. This dramatic decline reflects growing investor anxiety over the economic implications of escalating trade tensions.

The uncertainty surrounding the tariffs has left businesses and consumers alike on edge. Analysts warn that these measures could exacerbate inflationary pressures and disrupt global supply chains, further straining an already fragile economic recovery. As markets brace for potential retaliatory actions from trading partners, the road ahead remains uncertain.

This market turbulence underscores the interconnected nature of the global economy and the far-reaching consequences of policy decisions. Investors and policymakers alike will be closely watching for developments in the coming days.

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