US stock market jumps sharply today as the Dow Jones, S&P 500 and Nasdaq rally on renewed optimism from the U.S.-China trade summit and booming AI demand. Nvidia and Cisco led Wall Street gains while investors balanced strong earnings against inflation fears and rising oil prices. The Dow Jones Industrial Average climbed more than 260 points while the S&P 500 and Nasdaq hit fresh highs behind strong technology gains and growing AI optimism.

The Dow Jones Industrial Average fell 67.36 points, or 0.14 per cent, to 49,693.2. Read more at straitstimes.com. Read more at straitstimes.com.

Wall Street hit fresh intraday highs led by Nvidias AI-driven surge and Ciscos upbeat outlook. Strong retail sales and stable jobless claims signalled economic resilience, though…