US: Wall St opens higher on AI euphoria after Micron's upbeat forecast
Add BT as a preferred source
WALL Street’s main indexes opened higher on Thursday (Sep 26), with the benchmark S&P 500 at a record high, as Micron’s upbeat forecast revived the frenzy around artificial intelligence, while investors assessed a softer-than-expected weekly jobless claims report.
The Dow Jones Industrial Average rose 198.7 points, or 0.47 per cent, at the open to 42,113.42.
The S&P 500 rose 40.0 points, or 0.70 per cent, at the open to 5,762.22, while the Nasdaq Composite rose 245.1 points, or 1.36 per cent, to 18,327.34 at the opening bell. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Japan Home closing outlets; staff say Valu$ taking over operations
Timah Partners lands S$60 million facility from lenders including UOB, RHB
