US EditionUS Stocks Are Cruising Toward the Finish of Another Winning Week
AI sector gains and tech partnerships drive S&P 500’s seventh weekly rise despite government shutdown delaying economic data releases.
- On Friday, U.S. stocks were adding to records as the S&P 500 rose 0.2% and the Dow gained 167 points, heading for a seventh winning week.
- Investor focus on artificial intelligence drove gains as Japan's Hitachi signed an MOU with OpenAI following OpenAI's deals with South Korean companies.
- Stocks such as Hitachi and Nvidia moved markets, with Hitachi jumping 10.3% in Tokyo as Nikkei 225 rose 1.9%, while Nvidia added 0.6%, Broadcom rose 1.5%, and Applied Materials sank 2.5%.
- The U.S. government shutdown is delaying the monthly jobs report, which markets see as key to Federal Reserve rate cuts, while the 10-year Treasury yield edged down to 4.09% from 4.10%.
- Investors also face broader risks from rapid AI gains as worries grow over a bubble, while Applied Materials said it will take a roughly $110 million hit from a U.S. Commerce Department export rule.
30 Articles
30 Articles
US stocks cruise toward the finish of their record-setting week - WSVN 7News | Miami News, Weather, Sports
NEW YORK (AP) — U.S. stocks are adding to their records on Friday as Wall Street cruises toward the finish of another winning week. The S&P 500 rose 0.2% and is heading toward the close of its seventh winning week in the last nine. The Dow Jones Industrial Average was up 280 points, or 0.6%, as of 10:10 a.m. Eastern time, and the Nasdaq composite was virtually unchanged. All three indexes are coming off all-time highs set the day before. Treasur…
US stocks are cruising toward the finish of another winning week
U.S. stocks are heading for another weekly gain and hanging near the records they set a day earlier. The S&P 500 was up 0.1% and is heading toward the close of its seventh winning week in the last nine. The Dow Jones Industrial Average added 298 points, or 0.7%, as of 2:55 p.m. Eastern time. The Nasdaq composite gave up an early gain and fell 0.3%. Treasury yields edged higher in the bond market following mixed reports on activity for U.S. busin…
US markets continue to rise, stocks set new records – APUOn Friday, US stock indexes continued to grow: the S&P 500 rose by 0.4%, the Dow Jones by 338 points, and the Nasdaq by 0.2%. Investors are positive about shares of companies with artificial intelligence and the energy sector, despite delays in the publication of the employment report due to the government shutdown.
Coverage Details
Bias Distribution
- 81% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
