U.S. stocks closed mostly higher Thursday, as technology companies fueled gains amid investor enthusiasm surrounding artificial intelligence. The S&P 500

finished 0.9% higher, while the tech-heavy Nasdaq Composite

climbed 1.7% and the Dow Jones Industrial Average

slipped 0.1%, according to preliminary data from FactSet. Chip maker Nvidia Corp.

was the top-performing stock in the S&P 500, surging as the index’s tech sector closed with sharp gains of more than 4%, preliminary FactSet data show. Communication services was the second strongest sector in the S&P 500 on Thursday, rising a modest 0.4%. Nvidia shares have skyrocketed as investors anticipate the company will benefit from generative AI.

Source link

You May Also Like

How to Fix a Pageant” director on 2022 Miss USA scandal: “It was clear something was not right

When beauty pageants rose to popularity during the women’s suffrage movement, they…

Argentina’s labor leaders warn of resistance to President-elect

BUENOS AIRES, Argentina — Right-wing populist Javier Milei has been president-elect just…

‘Life-changing’ Hurricane Ian batters Florida, knocking out power and trapping residents as it continues its damaging crawl through the state | CNN

CNN  —  As Hurricane Ian continues to pummel Florida, trapping residents in…

Angela Bassett’s Face Said Everything

I did not expect Angela Bassett to win an Oscar for her…