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AI Surge Pushes Markets to New Heights | Europe News
Description
The stock market surged Monday, led by AI stocks—S&P 500 up 0.7%, Nasdaq jumped 1.1%, and the Dow hit a record high. Broadcom’s rebound helped drive gains, while Europe and Asia dipped slightly (Hong Kong stood out). Despite overall gains, most S&P 500 stocks fell, highlighting AI’s outsized influence. Year-to-date, all major indexes are soaring: S&P up 10%, Dow 10.4%, Nasdaq 12.4%, and even small caps (Russell 2000) are up 21.3%. AI’s momentum is reshaping markets—and rewriting records.
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