Stock markets close higher due to optimism around AI and Federal Reserve, driven by tech gains.
From Google News: 2024-09-26 19:14:50
1. Stock markets saw gains across the board as investors were optimistic about potential advancements in artificial intelligence and comments from the Federal Reserve. The S&P 500 rose 0.6%, the Dow Jones Industrial Average increased 1.2%, and the Nasdaq Composite climbed 0.4%.
2. The positive market performance was driven by expectations for further economic recovery and progress in technology. The Dow was led by strong gains in Boeing and Chevron, while the tech-heavy Nasdaq saw support from Tesla and Alphabet.
3. With optimism in the air, investors are hopeful for a strong finish to the week and continued positive momentum in the markets.
Read more at Google News: Markets close up across the board on AI, Fed optimism – Yahoo Finance