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US: Wall Street opens higher on optimism for AI demand

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Published Mon, Nov 3, 2025 · 10:43 PM
    • The Dow Jones Industrial Average rose 134.5 points, or 0.28 per cent, at the open to 47,697.33.
    • The Dow Jones Industrial Average rose 134.5 points, or 0.28 per cent, at the open to 47,697.33. PHOTO: AFP

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    [NEW YORK] Wall Street kicked off November on firmer ground on Monday (Nov 3), driven by optimism around AI demand with OpenAI and Amazon striking a US$38 billion deal, while Kenvue shares soared after Kimberly-Clark’s buyout deal.

    The Dow Jones Industrial Average rose 134.5 points, or 0.28 per cent, at the open to 47,697.33.

    The S&P 500 rose 42.1 points, or 0.62 per cent, to 6,882.32​, while the Nasdaq Composite rose 227.0 points, or 0.96 per cent, to 23,951.911. REUTERS

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