US stocks closed at a record Monday, powered by technology shares as investors disregard the government shutdown, now in its sixth day, and instead cheer a multibillion-dollar infrastructure deal that signaled the artificial intelligence spending boom.<\/p>\n
The S&P 500 Index<\/a> rose 0.4% to notch its seventh straight session of gains for its longest winning streak since early May. The Nasdaq 100 Index<\/a> advanced 0.8%, with Advanced Micro Devices Inc.<\/a> soaring 24% \u2014 its biggest gain since April 9 \u2014 after inking a deal<\/a> with OpenAI to roll out AI infrastructure in a pact the chipmaker said could generate tens of billions of dollars in new revenue. Nvidia Corp.<\/a>, AMD\u2019s main competitor in graphics processors, was the largest S&P 500 point decliner, falling 1.1% following that announcement.<\/p>\n","protected":false},"excerpt":{"rendered":"US stocks closed at a record Monday, powered by technology shares as investors disregard the government shutdown, now…\n","protected":false},"author":2,"featured_media":64042,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[8448,220,218,219,15704,1961,43852,1523,61,4082,60,123,1673,3159,131,80],"class_list":["post-64041","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-advanced-micro-devices","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-chief-executive-officer","tag-federal-reserve","tag-fifth-third-bancorp","tag-government","tag-ie","tag-infrastructure","tag-ireland","tag-markets","tag-nvidia-corp","tag-sp-500-index","tag-stocks","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/64041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=64041"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/64041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/64042"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=64041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=64041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=64041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}