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The Economic Times
The Economic Times
Business

US stocks today: US stocks rise as Anthropic IPO puts AI spending under scrutiny

Wall Street's main indexes rose on Monday as investors weighed Anthropic's plans for a US listing against growing questions over whether massive AI investments can deliver sustainable returns. Technology stocks led the gains, while investors also looked ahead to a busy week of corporate earnings and the Federal Reserve's interest rate decision, Reuters reported.

The Dow Jones Industrial Average rose 0.45%, the S&P 500 gained 0.57% and the Nasdaq Composite advanced 0.46% in early trading.

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