The stock market has seen a year-end rally, with hopes of a soft landing strengthening and more optimistic reads on 2024 taking hold.
The Dow Jones Industrial Average edged just over the flatline on Tuesday morning, while the benchmark S&P 500 gained 0.1% and the tech-heavy Nasdaq Composite advanced 0.3%. All three major indexes are up by double digits for the year, with the Nasdaq leading the way, boasting year-to-date gains of more than 40%.
In corporate news, shares of Intel rose 2% to kick off the day after the company confirmed it secured more than $3 billion in incentives from the Israeli government to expand to wafer fabrication in the country.
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