US Stocks Hit Record Highs as AI Chip Stocks Offset Oil and Yield Strain
TLDR: S&P 500 gained 0.58% to 7,818.93, topping its August peak, as the Nasdaq rose 0.45% to 27,599.79. Marvell rose 5.8%, AMD gained 3%, and Constellation Energy jumped 12% as AI spending bets drove buying. Breadth stayed narrow: the Russell 2000 fell 0.6%, and the equal-weight S&P 500 is almost 5% off its high. Brent [...]
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Source: Source: Blockonomi