US: S&P 500, Nasdaq end higher as tech strength outweighs Fed concerns
[NEW YORK]Technology shares boosted US stocks to a higher close on Wednesday (Oct 8) as investors, lacking economic data during the government shutdown, looked to minutes from the US Federal Reserve’s most recent policy meeting for clues to the outlook for interest rates.
The tech-laden Nasdaq enjoyed the biggest percentage gain, boosted by the artificial intelligence (AI)-related megacaps that have led market gains so far this year.
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