S&P 500, Nasdaq gain on AI tech shares despite inflation, Fed policy outlook. S&P 500 and Nasdaq indices gained, boosted by AI-related technology shares, as markets looked past increased inflation and the growing probability of the Federal Reserve maintaining its restrictive monetary policy.
The S&P 500 and Nasdaq indices rose, driven by AI-related technology stocks, as markets largely disregarded increased inflation and the high likelihood of the Federal Reserve maintaining its restrictive monetary policy.
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