2 sources • 3 verified points
US and Singapore Stocks Rise Amid AI Concerns and Oil Prices
US key indexes rose on Tuesday as the tech sector pared its early losses, and Nasdaq futures climbed on Wednesday after an Asian rally driven by artificial intelligence. Singapore shares also closed higher despite rising oil prices and concerns over the sustainability of AI investments.
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- The Dow, S&P 500 and Nasdaq rose as bargain-hunting returned and investors focused on earnings.
«The major averages rose on Tuesday as the tech sector trimmed early session losses.»
Yahoo Finance on MSN - The Nasdaq closed the previous session little changed after volatile trading, then its futures rose 0.75% on Wednesday.
«futures for the tech-heavy index gained 0.75% on Wednesday.»
MarketScreener - The Straits Times Index closed higher on Wednesday despite pressure from rising oil prices and concerns over the sustainability of AI investments.
«Singapore shares closed higher Wednesday even as rising oil prices and concerns over the sustainability of artificial intelligence investment weighed on sentiment.»
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