Global distress weighed on IT and pharma stocks which came under selling pressure. Nevertheless, the gains in infra, industrial, and capital goods stocks together with the continued buying in mid- and small-cap stocks contributed to the ongoing rally
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following