AI Stocks Soar, Government Shutdown End in Sight
Update: 2025-11-12
Description
November 12th: US Stocks Surge on AI Optimism and Government Shutdown HopesUS stocks had a positive day, with the Dow Jones Industrial Average nearing a new record high. This was driven by optimistic earnings reports, particularly from AI companies, and growing hopes for an end to the government shutdown. The Dow climbed by 0.6%, with both the S&P 500 and Nasdaq Composite also seeing gains. AMDs stock jumped by around 8% after their CEO shared promising sales forecasts. Foxconn and Infineon also predicted a boom in data centers, boosting AI optimism. Theres increasing optimism for a House vote that could end the government shutdown, potentially leading to a flood of delayed economic data.
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