Wall Street opens cautiously on AI optimism

Wall Street opened its trading on Friday in a stable manner, supported by investors' optimism towards artificial intelligence, which mitigated the negative impact of concerns related to rising oil prices and U.S. Treasury yields. The Dow Jones Industrial Average rose by 9.7 points to 51,359.7 points, the S&P 500 increased by 5.7 points to 7,709.86, and the Nasdaq Composite gained 31.6 points to reach 26,970.952. Investors are also monitoring prospects for reaching a deal to end the conflict in the Middle East.

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