Post by : Shweta
Wall Street Ends Higher
US stock markets ended higher on September 26, with technology shares providing support to the major indexes. Investors also continued to watch movements in oil prices and US Treasury bond yields.
Microsoft Shares Support Technology Sector
Microsoft shares gained after the company announced new capabilities for its Copilot application. The development added momentum to the technology sector during the trading session.
Read more : Shehbaz Sharif Calls Houthi Threats to Holy Sites a Red Line
AI-Related Stocks Remain in Focus
Artificial intelligence-related companies also attracted investor attention. Akamai Technologies shares jumped after the company announced an $11.6 billion cloud services deal with artificial intelligence company Anthropic.
S&P 500 Moves Higher
Preliminary market data showed the S&P 500 gained 37.96 points, or 0.49 percent, to finish at 7,742.09 points. The move reflected continued strength across parts of the technology sector.
Nasdaq Also Finishes Higher
The Nasdaq Composite rose 125.51 points, or 0.47 percent, ending the session at 27,064.88 points. Technology and artificial intelligence-linked shares remained among the key areas watched by investors.
Dow Jones Advances
The Dow Jones Industrial Average also moved higher, gaining 469.07 points during the session. The advance came despite continued attention on broader market factors, including energy prices and bond yields.
Oil Prices and Treasury Yields Remain in Focus
While the major US indexes finished higher, rising oil prices and US Treasury yields continued to keep investors cautious. These factors can influence market expectations, borrowing costs and corporate valuations.
English
