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Kiplinger
Kiplinger
Business
David Dittman

Dow Holds Gains as Markets Price the AI Boom: Stock Market Today

Abstract image of bursting stock market bubble on a dark background.

Another big rebound on the other side of the world suggested stocks would rise in the U.S., too, and that's what happened early on Wednesday. But investors, traders and speculators remain wary about the speed and scale of the artificial intelligence (AI) buildout.

South Korea's KOSPI Index bounced back in a big way after a sharp sell-off from new highs, just as it did in March and April, rising as much as 4.6% and finishing with a gain of 3.3%.

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