09 Oct 2025 | 5 Mins Read
Tech stocks drive US market higher despite Fed worries
Flipitmoney
U.S. stocks closed higher, with the S&P 500 and Nasdaq setting all-time highs, while the Dow flat-lined. Tech shares led gains, with chip stocks surging 43% this week. Artificial intelligence-related megacaps drove market gains, as investors await third-quarter earnings and Fed interest rate decisions amid a government shutdown and geopolitical uncertainty. Gold prices rose above $4,000.