Nasdaq hits record high on AI stocks
The Nasdaq reached a record high close driven by gains in artificial intelligence chip stocks. Meanwhile, the S&P 500 hovered near its peak as oil prices traded around one hundred dollars.
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The Nasdaq reached a record high close on Tuesday, driven by a 5% surge in MICRON TECHNOLOGY INC and other artificial intelligence stocks. The S&P 500 hovered just below its previous high as Brent Crude Oil traded around $100 per barrel. Investors weighed gains in chipmakers against software losses.
