Reported 1 day ago
The stock market experienced slight gains today, led by the S&P 500 and Nasdaq hitting all-time highs, primarily driven by advancements in chip makers and AI infrastructure. Advanced Micro Devices soared over 6%, boosting investor optimism amid expectations that AI growth will lead to profitable corporate earnings. However, the ongoing U.S. government shutdown is dampening market sentiment, delaying key economic reports and raising concerns over job losses. Despite this, rising corporate earnings forecasts, particularly in AI-related sectors, present a bullish outlook for stocks.
Source: YAHOO