US stock market | Wall Street extends tech-driven rally as AI concerns ease

Wall Street ended higher on Wednesday, continuing its tech-led rally and hitting a two-week high, as concerns about artificial intelligence disruption and costs took a back seat to renewed optimism about the emerging technology’s potential benefits.All three major U.S. stock indexes advanced, with the chip-powered Nasdaq posting the biggest percentage gain as markets came to […]

US Stocks Today | Dow at 50,000: From AI spillovers to rate cuts, what drove the record run

The Dow Jones Industrial Average crossed the 50,000-point mark for the first time on Friday, marking a historic milestone for the 128-year-old blue-chip index as a powerful rally in industrials, financials and select technology stocks helped Wall Street recover from a tech-led sell-off earlier this week.The Dow Jones rose 1,206.95 points, or 2.47%, to close […]

Dow, S&P 500 Post Record Close; Oracle drags Nasdaq along

The S&P 500 and the Dow Jones hit record highs on Thursday as investors favored financial stocks after a Federal Reserve policy update that was less aggressive than expected, while the tech-heavy Nasdaq Composite underperformed as Oracle’s financial update made investors wary of bets on artificial intelligence. Shares of Oracle tumbled after the company’s quarterly […]