Wall Street: US stock markets start in the plus – new AI confidence as a driving force behind prices
The technology sector is also providing a boost to US markets on Tuesday. Oil prices continue to fall and hopes of talks between the US and Iran and China persist.
US stock markets are expected to have an optimistic day, driven by falling oil prices and renewed confidence in artificial intelligence. The Dow Jones, S&P 500, and Nasdaq Composite are showing slight gains or losses, with the Nasdaq 100 up 0.4%. Meta's stock rose 11.4% on Monday after the launch of its new AI chatbot, contributing to the positive sentiment.
Oil prices are declining, with Brent crude falling to $100 per barrel, after Iran suggested it may reopen the Strait of Hormus if US sanctions are lifted. US President Donald Trump spoke at the UN General Assembly, discussing potential diplomatic efforts with Iran, while a meeting with China's President Xi Jinping is also expected.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
