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Source:
Los Angeles Times
Los Angeles Times
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Wall Street's major indices rose as gains in AI-related stocks and strong corporate profits supported the market. The S&P 500 increased 0.9%, with Micron and Nvidia leading the advances, despite rising oil prices that threaten inflation and could influence interest rate policies. Several large companies reported better-than-expected earnings, helping stocks strengthen amid concerns over economic growth and inflation pressures.
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