Stocks Set to Extend Rally After Trump’s Greenland Pivot, U.S. PCE Inflation and GDP Data in Focus

In yesterday’s trading session, Wall Street’s three main equity benchmarks closed sharply higher. Chip stocks rallied, with Intel (INTC) surging over +11% to lead gainers in the Nasdaq 100 and Advanced Micro Devices (AMD) climbing more than +7%. Also, shares of data storage companies advanced, with Sandisk (SNDK) rising over +10% and Western Digital (WDC) gaining more than +8%. In addition, Moderna (MRNA) jumped over +15% and was the top percentage gainer on the S&P 500 after the company, together with Merc ...