US equity markets managed to close in positive territory on Thursday, driven largely by a rebound in the technology sector.
The S&P 500 rose 0.3% to finish at 7,505.39, while the Dow Jones Industrial Average dipped 0.1% to 52,305.03.
The divergence highlights how sector-specific momentum is currently outweighing broader geopolitical risk aversion.
The semiconductor sector emerged as the primary engine for the day’s gains, providing enough buying interest to offset selling pressure linked to renewed fighting between the US and Iran.
Investors appear to be compartmentalizing the geopolitical escalation, focusing instead on domestic earnings strength and tech valuations rather than broadening the risk-off trade.
This session continues a pattern of resilience in US equities despite the protracted conflict.