S&P 500 reaches new high on AI boost
The U.S. "S&P 500" reached a new daily high, driven by positive expectations surrounding artificial intelligence from companies like "Caterpillar" and "Palantir," as well as hope for an upcoming agreement to de-escalate tensions in the Middle East. The index gained thanks to strong profits from AI-related companies such as "Amazon" and "Microsoft," with the Dow Jones Industrial Average also rising significantly. However, the Nasdaq declined due to pressure on semiconductor stocks.
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