07 Oct 2025 | 5 Mins Read
US stock market sets new records amid growing AI enthusiasm
Flipitmoney
The S&P 500 reached an all-time high, climbing 0.4% to 6,740.28, while the Dow Jones Industrial Average dipped 0.1% and the Nasdaq composite rose 0.7% to a record high. Advanced Micro Devices soared 23.7% after announcing a deal with OpenAI to power AI infrastructure, and Comerica jumped 13.7% after being acquired by Fifth Third Bancorp in an all-stock deal valued at $10.9 billion.