The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs this year. That’s on top of its 24.2% spurt the year before, a spectacular two-year run unmatched since the dot-com boom.

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Wall Street parties like it's 1998 as AI fuels gains unmatched since dot-com era

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The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs this year

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AP Business Writer NEW YORK (AP) — The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs this year. That’s on top of its 24.2% spurt the year before, a spectacular two-year run unmatched since the dot-com boom. This time around, it’s not dot-com stocks boosting the market but skyrocketing prices for companies in the artificial-intelligence business

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AP Business Writer NEW YORK (AP) — The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs this year. That’s on top of its 24.2% spurt the year before, a spectacular two-year run unmatched since the dot-com boom. This time around, it’s not dot-com stocks boosting the market but skyrocketing prices for companies in the artificial-intelligence business The post Wall Street parties like it’s 1998 as AI fuels g…

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Wall Street parties like it’s 1998 as AI fuels gains unmatched since dot-com era

Artificial intelligence is boosting tech firms' results.

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Wall Street parties like it's 1998 as AI fuels gains unmatched since dot-com era

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