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":58226,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[11839,345,343,344,12808,4318,43486,234,85,4426,46,190,1677,3310,5268,125],"class_list":{"0":"post-58225","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-advanced-micro-devices","9":"tag-ai","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-chief-executive-officer","13":"tag-federal-reserve","14":"tag-fifth-third-bancorp","15":"tag-government","16":"tag-il","17":"tag-infrastructure","18":"tag-israel","19":"tag-markets","20":"tag-nvidia-corp","21":"tag-sp-500-index","22":"tag-stocks","23":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/58225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=58225"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/58225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/58226"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=58225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=58225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=58225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}