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The Economic Times
The Economic Times
Anupam Nagar

US stocks may have more room to rally as earnings, AI spending support market

The US stock market's rally to fresh record highs this week has strengthened investor confidence, with robust corporate earnings, sustained spending on artificial intelligence (AI) infrastructure and more attractive valuations seen as key factors that could support further gains, Reuters said in an analysis report.

Investor sentiment also improved following signs of easing geopolitical tensions between the United States and Iran, which helped lift broader markets.

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