Nasdaq Gains 1.7% as AI Demand and Jobs Data Drive Market
The Nasdaq Composite rose by 1.7%, reaching a record high, driven by strong jobs data and increased demand for artificial intelligence (AI) technologies. The S&P 500 also climbed to new highs with gains of over 0.8%. Micron Technology saw significant growth due to rising memory stock prices.
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Topics: AI stocks Dow Jones Industrial Average jobs data Nasdaq Composite S&P 500