New Delhi, Feb. 3 -- US stock indices gained on Tuesday, driven by artificial intelligence tailwinds following Palantir Technologies' impressive fourth quarter results.
Reports from major tech corporations have highlighted an increasing investor focus on returns from extensive capital spending initiatives. Outlays for AI-centric hardware have surged, forcing firms to convert investments into tangible profits that justify elevated market prices.
At 9:33 a.m. ET the Dow Jones Industrial Average rose 0.24%, to 49,528.50, the S&P 500 gained 0.07%, to 6,981.15 and the Nasdaq Composite gained 0.12%, to 23,621.33.
Investors are evaluating reports that critical monthly employment data, due on Friday, might be postponed because of a partial fed...
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