Wall Street closes higher as earnings season begins

U.S. stock indices closed higher, supported by the strong listing of South Korea's SK Hynix on the NASDAQ, where it raised over $26 billion. This coincided with investor anticipation for the Q2 earnings season, with expectations that corporate profits will rise by 24% compared to last year. The results also showed an improvement in the performance of the S&P 500, NASDAQ, and Dow Jones indices, alongside growing interest in artificial intelligence stocks, despite sector volatility and elevated valuations.

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