NEW YORK (AP) — U.S. stocks are rising Friday after oil prices fell again, and SpaceX surged in its highly anticipated debut on Wall Street.
SpaceX is the first of three gargantuan companies in the artificial-intelligence industry expected to start selling their shares on the U.S. market, and it is being watched as a gauge for how hungry investors still are for AI stocks following vicious swings and big doubts for them over the last week.
The S&P 500 rose 0.4%. The Dow Jones Industrial Average was up 336 points, or 0.7%, as of 12:49 p.m. Eastern time, and the Nasdaq composite was 0.2% higher.
