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Rebounding AI stocks pull Wall Street higher
AI stocks rebounded, lifting the U.S. market with the S&P 500, Dow Jones, and Nasdaq all rising. Micron Technology surged 19.4% due to strong earnings and a revised growth forecast, while Qualcomm raised its 2029 revenue target amid AI-driven demand. Easing Treasury yields and lower oil prices further supported market gains, with global indices like South Korea’s Kospi and Japan’s Nikkei also rising.
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- Wall Street opens higher as AI stocks regain some more ground and oil prices ease
- Wall Street ticks higher as AI stocks recover more losses and oil prices ease
- Wall Street rises as AI stocks swing back upward and oil prices ease
- AI stocks recover some of last week's sell-off, while oil prices come off their overnight highs
- Asian shares surge after oil prices slip and Wall Street resumes its AI rally
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