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tech stocks rebound as nvidia leads recovery amid tariff speculation
Tech stocks rebounded on April 8, 2025, after three days of volatility, driven by speculation about potential tariff negotiations by President Trump. Nvidia led the recovery with a 7% increase, while other major players like Meta, Amazon, and Tesla rose by at least 4%. The semiconductor sector also saw gains, with the VanEck Semiconductor ETF up over 5%, reflecting the industry's sensitivity to trade policy developments.
european stock markets mixed as infineon and ubs drive gains
European stock markets showed mixed results, with the Euro Stoxx 50 up 0.21% and Germany's DAX rising 0.35%, while the UK's FTSE 100 fell 0.23%. Infineon Technologies surged 10% after strong Q1 results, and UBS shares climbed 3% following impressive fourth-quarter profits of $770 million. Conversely, Siltronic AG's stock dropped 6.5% due to a dividend cut.
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