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Wall St edges up as AI enthusiasm eases worries over higher oil prices, yields
Wall Street’s main indexes inched higher on Friday as AI optimism buoyed sentiment despite elevated oil prices and rising Treasury yields, while investors watched efforts to secure a deal to end the Middle East conflict. Microsoft shares rose 3% and were the biggest boost to the S&P 500 after the software giant unveiled several new capabilities in its Copilot app, including a coding tool and an always-on AI agent. Chip makers Micron and Marvell Technology gained about 1% each, while Nvidia was marginally higher. AI-related optimism was a key driver this week, aided by Meta’s Muse and its i...
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