BUSINESSWPLG LOCAL 10 MIAMI
AI stocks gather more strength, even as Brent oil's price tops $90
AI stocks like Micron Technology and Advanced Micro Devices led market gains as the S&P 500, Dow Jones, and Nasdaq rose. Brent crude oil surpassed $90 per barrel due to U.S.-Iran tensions, raising inflation and interest rate concerns. Strong earnings from 3M, Hasbro, and General Motors offset declines in Danaher and D.R. Horton.
Mentioned
Micron TechnologyorganizationAdvanced Micro DevicesorganizationS&P 500topicDow Jones Industrial AveragetopicNasdaq CompositetopicBrent crude oiltopicUnited StatesplaceIranplace3MorganizationHasbroorganizationGeneral MotorsorganizationDanaher CorporationorganizationD.R. Horton Inc.organizationFederal Reserveorganization10-year Treasurytopic
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Adjacent reporting
- Technology stocks lead markets higher
- Oil prices rise following the latest fighting in the Middle East, as AI stocks sink
- Slumping AI stocks overshadow gains for the rest of Wall Street, while oil prices drift
- Oil prices jump following the latest fighting in the Middle East, while AI stocks sink
- Technology stocks lead markets higher, while oil prices keep rising