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Market Intelligence Analysis
AI-PoweredThe Dow Jones and S&P 500 indices rose despite a decline in AI-related stocks, indicating that the market is not heavily reliant on AI for growth.
Market impact analysis based on bullish sentiment with 78% confidence.
Article Context
It turns out stocks can still rise without the vaunted artificial intelligence trade. The Dow Jones Industrial Average rose 664 points, or 1.4%, and the S&P 500 gained 0.9% despite down days from AI stalwarts Advanced Micro Devices (-4.2%), Nvidia (-2.6%), and Oracle (-1.6%). Home builders Lennar and D.R. Horton were up 6.6% and 5.8%, respectively.
Analysis and insights provided by AnalystMarkets AI.