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Wall Street closed out the week higher, with technology shares driving the gains as investors bet on artificial intelligence’s monetization potential and rallied around Meta Platforms’ new AI agent.
The advance came even as rising oil prices and bond yields—typically a drag on equities—kept the rally in check.
The Dow Jones Industrial Average edged up 0.28 percent for the week, closing at 51,828 on Friday. The S&P 500 ended at 7,743, up 1.21 percent for the week. The Nasdaq Composite surged 2.06 percent, buoyed by strong gains in Meta, AMD, and Microsoft, while the small-cap Russell 2000—among the most sensitive to interest rates—fell 0.8 percent, the worst performer for yet another week….
The advance came even as rising oil prices and bond yields—typically a drag on equities—kept the rally in check.
The Dow Jones Industrial Average edged up 0.28 percent for the week, closing at 51,828 on Friday. The S&P 500 ended at 7,743, up 1.21 percent for the week. The Nasdaq Composite surged 2.06 percent, buoyed by strong gains in Meta, AMD, and Microsoft, while the small-cap Russell 2000—among the most sensitive to interest rates—fell 0.8 percent, the worst performer for yet another week….
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