S&P 500 Taps 7,000 As Chip Stocks Lead The Charge
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The S&P 500 has reached 7,000, led by chip stocks. However, reports on the market's overall performance are mixed, with some outlets indicating a flat S&P 500 and others noting gains in certain sectors. The Nasdaq has edged up, while individual stocks such as Abbott and Schwab have experienced declines despite some positive earnings news.