Wall Street Sees Boost Amid US-UK Trade Deal Hopes
Wall Street's key indexes rose on Thursday as optimism grew over a potential US-UK trade agreement. The Dow Jones, S&P 500, and Nasdaq Composite all opened higher, driven by promising developments in AI semiconductor exports and the anticipated trade deal.
Wall Street's primary indexes opened in positive territory on Thursday following news suggesting a forthcoming trade agreement between the United States and Britain. The potential deal, along with easing export restrictions on AI semiconductors, contributed to the market's upbeat start.
The Dow Jones Industrial Average experienced a rise of 198.6 points, translating to a 0.48% increase, opening at 41,312.57. In parallel, the S&P 500 showed upward momentum with a rise of 32.3 points, or 0.57%, opening at 5,663.6.
Meanwhile, the Nasdaq Composite also climbed, adding 182.0 points, or 1.03%, to hit 17,920.154 at the opening bell, as investors displayed optimism over the burgeoning trade discussions and tech sector advancements.
(With inputs from agencies.)
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