Wall Street's major indexes remained close to record highs on Monday, reflecting a cautious optimism among investors. This stability was driven by a 4% increase in Nvidia shares, following the company's announcement of a new chip aimed at integrating advanced artificial intelligence capabilities into laptops. However, this positive sentiment was tempered by concerns regarding the ongoing U.S.-Iran conflict, which has persisted for three months, leading to skepticism about the likelihood of a quick resolution.
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