US Stock Exchange Expert Koch: Recovery in the AI Sector
3 Articles
3 Articles
On Thursday, news of weak sales of OpenAI had caused the Nasdaq to crash in September. However, as Markus Koch reports, the strong expectations of the AI company were able to calm the market again on Friday by the end of the year.
Wall Street opened in green this Friday and its main indicator, the Dow Jones de Industriales, climbed a slight 0.13%, on a rebound day after yesterday's losses due to doubts about the revenues of artificial intelligence (AI) companies and with the U.S. debt returns rising.
The Nasdaq Composite rose on Friday 9/10, following the losses of the previous session, in which OpenAI's disappointing earnings report limited the momentum of AI-linked shares.The Nasdaq technology index gained 0.6 percent, while the S&P 500 rose 0.3 percent. The Dow Jones Industrial Average moved up 64 points, or 0.1%. The State Street Technology Select Sector SPDR (XLK) ETF, which tracks the tech sector, registered a 1% rise.
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