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The Economic Times

Business

US stocks today: Nasdaq leads Wall Street higher as SpaceX, Super Micro lift AI sentiment

SpaceX Artificial Intelligence Stock Market Super Micro AT&T Netflix Super Micro Computer Angelo Kourkafas Elon Musk Tesla Inc.

Wall Street ended higher on Wednesday, with the Nasdaq leading gains as upbeat results from SpaceX and Super Micro Computer revived investor appetite for artificial intelligence linked stocks and eased some concerns over the sustainability of heavy AI spending, Reuters reported.

The Nasdaq Composite rose 1.05% to 26,701.61, while the S&P 500 gained 0.58% to 7,757.74. The Dow Jones Industrial Average advanced 0.68% to 52,851.78.

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