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On Thursday, Eastern Time, the three major U.S. stock indexes closed modestly higher, with both the S&P 500 and Nasdaq setting new record highs. Tech stocks exhibited a mixed bag of results, with Tesla surging over 4%, and NVIDIA, Apple, and Google also posting gains. Conversely, Amazon, Microsoft, and Facebook saw declines. Bank stocks and energy stocks generally trended upwards, with most airline stocks and chip stocks also advancing. Chinese concept stocks showed a mixed performance, with ZTO Express and Ke Holdings leading the gains. In macroeconomic news, the number of initial jobless claims in the U.S. last week was lower than anticipated, and market sensitivity to the impact of tariffs has waned. European stocks were mixed, with international oil prices dipping while the U.S. dollar index climbed.
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