Most U.S. stocks reached more records on Friday, with the S&P 500 and Dow Jones Industrial Average climbing to all-time highs. The Nasdaq composite slipped slightly from its record. The U.S. government’s monthly jobs report, delayed due to the shutdown, is eagerly awaited to gauge market impact. AI industry growth and spending are driving stock market records, with Hitachi’s AI partnership in Japan boosting stocks. Concerns of an AI bubble are rising, with Nvidia, a key AI stock, experiencing a slight dip. Applied Materials faced losses due to new export restrictions, while oil producers saw gains. Entergy climbed after securing a deal with Google. International markets fluctuated, with Japan’s Nikkei 225 rising thanks to Hitachi. Bond market yields rose slightly, and reports on U.S. business activity varied.
Read more at Yahoo Finance: Wall Street finishes its winning week with more records
