The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focusTag: communication services
Echoes of dotcom bubble haunt AI-driven US stock market
A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago.
Read More Echoes of dotcom bubble haunt AI-driven US stock marketWall St rises as Big Tech charges higher
Alphabet jumped 10.8% to a record high after the Google-parent announced its first-ever dividend.
Read More Wall St rises as Big Tech charges higherWall St gains after Friday sell-off, Mideast tensions subside
Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.
Read More Wall St gains after Friday sell-off, Mideast tensions subsideWall Street climbs, lifted by Uber, Lyft and Nvidia
Nvidia briefly displaced Alphabet as the U.S. stock market’s third most valuable company.
Read More Wall Street climbs, lifted by Uber, Lyft and Nvidia