Wall Street rose to more records as excitement around artificial intelligence keeps driving the market.
The S&P 500 added 0.4 percent to its latest record in mixed trading on Monday. The Dow Jones Industrial Average slipped 0.1 percent, while the Nasdaq composite climbed 0.7 percent.
Advanced Micro Devices led the market after announcing a deal where OpenAI will use its chips to power AI infrastructure.
The U.S. stock market is continuing to look past the federal government’s shutdown, but politics are playing a bigger role in markets overseas. Japanese stocks jumped, and French stocks slumped following their latest political shake-ups.
On Monday:
The S&P 500 rose 24.49 points, or 0.4 percent, to 6,740.28.
The Dow Jones Industrial Average fell 63.31 points, or 0.1 percent, to 46,694.97.
The Nasdaq composite rose 161.16 points, or 0.7 percent, to 22,941.67.
The Russell 2000 index of smaller companies rose 10.18 points, or 0.4 percent, to 2,486.35.
For the year:
The S&P 500 is up 858.65 points, or 14.6 percent.
The Dow is up 4,150.75 points, or 9.8 percent.
The Nasdaq is up 3,630.87 points, or 18.8 percent.
The Russell 2000 is up 256.20 points, or 11.5 percent.
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