Reported 3 days ago
The S&P 500 Index rose by 0.20% while the Nasdaq 100 reached an all-time high, driven by strong gains in chipmakers and AI-related stocks, reflecting optimism for growth in the AI sector. However, the US government's ongoing shutdown and rising bond yields have limited overall gains. Company earnings expectations are also on the rise, with many firms forecasting better Q3 results than analysts predicted, despite an anticipated slowdown in sales growth.
Source: YAHOO