Overview
- The S&P 500 rose 0.26% to 6,944.49, the Dow added 0.60%, and the Nasdaq gained 0.25% after two down sessions.
- TSMC posted roughly 35% profit growth and outlined a 2026 capital-spending plan of $52–56 billion, helping send chip shares higher.
- A U.S.–Taiwan trade accord called for at least $250 billion of U.S. manufacturing investment with tariffs on Taiwanese goods capped at 15%, reinforcing semiconductor sentiment.
- Goldman Sachs and Morgan Stanley topped estimates, lifting their stocks more than 4% and about 6%, respectively, and supporting broader financials.
- Crude prices fell more than 4% after President Trump downplayed prospects of U.S. action in Iran, while Mexico’s IPC and FTSE BIVA closed down roughly 1% with FEMSA and América Móvil leading losses.