Wall Street bounces back, led by chip stocks

Major US stock indices bounced back on Friday, led by chip companies following sharp selloff this week.

Investor sentiments were lifted by hopes for big spending by Amazon and others in Artificial Intelligence.

At the open, the S&P 500 jumped rose 0.9%. The Dow Jones Industrial Average climbed 1.2%, and the Nasdaq Composite soared 0.8%.

  • Aniket Pujari

    Aniket Pujari

    Aniket Pujari, a graduate in Financial Markets, is the founder of Minute To Know News, a digital platform providing daily news updates on cryptocurrencies, finance, and economics. With a passion for finance and technology, Aniket has been exploring the world of cryptocurrencies since 2015, building a deep understanding of these rapidly evolving industries.

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