U.S. Stocks Rise on AI Optimism as Japan Supports Yen
Wall Street ended April with gains driven by technology earnings and AI investment. Japan intervened in currency markets to support the yen against the dollar.
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United States stocks surged late evening on April 30, with the S&P 500 rising 1% as AI-driven earnings boosted investor sentiment. The Nasdaq gained 15% in April, marking its strongest monthly performance since 2020. Sustained tech investment suggests the AI expansion remains the primary driver of global equity market momentum.
