Categories: Business

Nasdaq hits record high as AI stocks rally; AMD crosses $1 trillion valuation

Wall Street began the week strongly as technology and AI stocks propelled the Nasdaq higher. Chipmakers led the rally, with several companies seeing significant share price increases. Easing Treasury yields and falling crude oil prices also supported the positive market sentiment. Investors watched developments in the Middle East and upcoming United States-China talks. Markets remained focused on potential future Federal Reserve interest rate decisions.

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