US stocks gained on Wednesday as strength in AI stocks helped the S&P 500 and Dow offset renewed US-Iran tensions and rising inflation concerns. Investors also weighed higher Treasury yields and growing bets on a September Fed rate hike, while Fridays jobs report could provide the next major market signal.

US stocks gained on Wednesday as strength in AI stocks helped the S&P 500 and Dow offset renewed US-Iran tensions and rising inflation concerns. Investors also weighed higher…

US stocks eye gains as Iran tensions, bond yields and AI stocks drive Wall Street, while investors watch Fed rate hike bets and Friday’s jobs report. | Business News