ReferIndia News Wall Street Surges as Chipmakers and AI Themes Boost Markets

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Wall Street Surges as Chipmakers and AI Themes Boost Markets

Published on: Jan. 10, 2026, 12:57 a.m. | Source: Devdiscourse

The S&P 500 reached a record high, propelled by gains in chipmaker stocks and optimism around future Federal Reserve interest rate cuts. Driven by significant advances in technology and sector rotation towards undervalued stocks, the market is performing strongly, with investors focusing on AI and economic volatility post-legal clarity on Trump tariffs.

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