S&P 500 rises as U.S.-Iran agree to halt hostilities, gain restrained by selling in chip stocks: Live updates
• The S&P 500 rose on Monday as investors reacted positively to a pause in hostilities between the U.S. and Iran, though gains were limited by selling pressure in chip stocks. • In a separate legal development, the Supreme Court ruled against President Donald Trump's attempt to remove Federal Reserve Governor Lisa Cook, citing a lack of due process. • The court's decision is significant as it protects Cook's current position but stops short of ruling that the President cannot remove Fed officials "for cause."
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