On Thursday, the S&P 500 index declined by 0.40%, losing 29.46 points to close at 7,335.66 points. This drop was largely influenced by a retreat in semiconductor stocks, particularly Intel and Advanced Micro Devices, which reversed earlier gains. Concerns regarding ongoing U.S.-Iran peace talks added to the market's uncertainty. Despite this, investor confidence remained high in major AI companies like Nvidia and Microsoft, contributing to a robust earnings season. The Dow Jones Industrial Average fell 0.64%, while the Nasdaq Composite decreased by 0.15%. Oil prices edged lower, hovering around $100 per barrel. Analysts noted that the S&P 500 is on track for its strongest profit growth in over four years, bolstered by positive economic indicators. The latest data revealed that claims for unemployment benefits rose less than expected, and traders anticipate a job increase of 62,000 in April. Cleveland Fed President Beth Hammack indicated that the Federal Reserve is likely to maintain steady interest rates amid economic uncertainty.