Add as a preferred source on GoogleWall Street Stocks Rise as Artificial Intelligence Trade Pressure Eases
The S&P 500, Dow Jones Industrial Average and Nasdaq Composite each gained 0.3% Friday morning, while eight of 11 S&P 500 sectors advanced.
U.S. stocks edged higher Friday morning as pressure on technology stocks eased, with the market recovering some momentum after the artificial intelligence trade came under pressure Thursday.
The S&P 500, Dow Jones Industrial Average and Nasdaq Composite each gained 0.3% as of 10:13 a.m. ET (14:13 UTC). The gains put all three major indexes modestly higher during the morning session.
Eight of the 11 S&P 500 sectors advanced, indicating that the rebound extended beyond a narrow group of technology stocks.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.