Wall Street rose to more records as excitement around artificial intelligence keeps driving the market.
The S&P 500 added 0.4% to its latest record in mixed trading on Monday. The Dow Jones Industrial Average slipped 0.1%, while the Nasdaq composite climbed 0.7%.
Advanced Micro Devices led the market after announcing a deal where OpenAI will use its chips to power AI infrastructure.
The U.S. stock market is continuing to look past the federal government’s shutdown, but politics are playing a bigger role in markets overseas. Japanese stocks jumped, and French stocks slumped following their latest political shake-ups.
On Monday:
The S&P 500 rose 24.49 points, or 0.4%, to 6,740.28.
The Dow Jones Industrial Average fell 63.31 points, or 0.1%, to 46,694.97.
The Nasdaq composite rose 161.16 points, or 0.7%, to 22,941.67.
The Russell 2000 index of smaller companies rose 10.18 points, or 0.4%, to 2,486.35.
For the year:
The S&P 500 is up 858.65 points, or 14.6%.
The Dow is up 4,150.75 points, or 9.8%.
The Nasdaq is up 3,630.87 points, or 18.8%.
The Russell 2000 is up 256.20 points, or 11.5%.
The Associated Press
