US stocks opened higher on Friday, extending their record-setting rally as strong earnings and growing optimism around artificial intelligence outweighed concerns about inflation and the economic impact of the conflict involving Iran.

US stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into the $1 trillion club after a strong…

The S&P 500 gained 0.61 per cent while the Nasdaq Composite gained 1.19 per cent, to 26,656.18. Read more at straitstimes.com. Read more at straitstimes.com.

Wall Street opened marginally higher, supported by continued momentum in artificial intelligence and semiconductor stocks. Investor sentiment remained cautiously positive amid…