U.S. Stocks Rise as ASML Boosts AI Trade Optimism
The U.S. stock market extended gains on Wednesday, with tech stocks rising after ASML raised its annual sales forecast due to strong AI demand and announced a production capacity increase of 30%. The Dow Jones Industrial Average rose by about 0.2%, the S&P 500 gained 0.3%, and the Nasdaq Composite added 0.6%.
Tickers: $ASML $BLK $JNJ $MS $UAL
Topics: AI demand ASML earnings season inflation data