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US stock market surges today: Why Dow, S P 500, and Nasdaq rebounded . . . US stock market surges today Dow, S P 500, Nasdaq rebounded today after four-day losses The Dow rose over 118 points The S P 500 gained 0 5% The Nasdaq climbed nearly 1% Chip stocks led after TSMC posted a record quarter and a 35% profit surge, easing AI demand fears Bank earnings beat estimates Falling oil prices and stronger jobs data added support, lifting overall market confidence