Dow Declines While Nasdaq Rises After Amazon's Deal with OpenAI Fuels AI Investments

Reported about 8 hours ago

U.S. stock markets opened mixed, with the Nasdaq Composite enjoying a 0.5% increase driven by tech giants like Amazon and Nvidia. Amazon's shares surged nearly 6% following a $38 billion partnership with OpenAI to boost AI capabilities, while the Dow Jones fell 0.5%. Optimism around easing trade tensions between the U.S. and China also contributed to the market's positive sentiment, though concerns about ongoing government shutdowns affecting economic data lingered.

Source: YAHOO

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