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U.S. stocks continue to rise as investors assess the impact of economic data and Trump policies

Internet reported that the U.S. stock market rose for a second consecutive trading day on Monday. Investors sought low-buying after four consecutive weeks of declines in the Nasdaq index and the S & P 500 index, and evaluated the latest economic data to measure the impact of Trump administration policies. Among the 11 major sectors in the S & P index, real estate and energy sectors led gains, while consumer discretionary goods were the only sector to decline. Tesla (TSLA.O) fell 4.79%, after Mizuho lowered its stock price target to $430 from $515, and the stock has fallen 41% this year. Quantum computing stocks surged as artificial intelligence chip maker NVIDIA (NVDA.O) held its annual conference. Intel (INTC.O) surged 6.82%, after Reuters reported that new CEO Chen Liwu was considering major changes to its chip-making methods and artificial intelligence strategy.

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