Wall Street Climbs Amid Federal Uncertainty, AI Hopes ...Middle East

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Wall Street Climbs Amid Federal Uncertainty, AI Hopes
source : Devdiscourse ( Middle East ) () 69
Wall Street indexes closed higher on Monday, driven by investor interest in heavyweight technology stocks despite the looming prospect of a U.S. government shutdown and hawkish remarks from Federal Reserve officials. The Nasdaq led the gains, with technology providing the biggest lift to the S&P 500 as investors focused on artificial intelligence growth and anticipated rate cuts amid inflation concerns and labor market uncertainties.

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