US: Wall St rises with TSMC results supporting renewed AI optimism
Add BT as a preferred source
[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Oct 16), driven by an upbeat quarterly update from TSMC that added to investor optimism around AI and extended a rally in chip stocks.
The Dow Jones Industrial Average rose 35.8 points, or 0.08 per cent, at the open to 46,289.09.
The S&P 500 rose 18.0 points, or 0.27 per cent, to 6,689.02, while the Nasdaq Composite rose 94.3 points, or 0.42 per cent, to 22,764.398. 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
Taiwan’s wealthy seeks diversification to Singapore, sparking private banking race: Bloomberg
Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts
Serenity Park condo owners lower asking price to S$440 million in second shot at collective sale
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
