US stock markets close at record highs as enthusiasm for AI drives gains
by Guardian staff and agencies from US news | The Guardian on (#6K1B6)
Both the S&P 500 and the tech-dominated Nasdaq set new records, with Nvidia closing above $2tn for the first time
US stock markets closed at record highs on Friday powered by investors' continued enthusiasm for artificial intelligence (AI).
Both the S&P 500 and the tech-dominated Nasdaq set records, with the Nasdaq passing its last peak in 2021, driven higher by gains for Facebook owner Meta and Nvidia, the leading AI chipmaker.
Continue reading...