Wall Street rises ahead of Fed meeting: S&P 500 gains 0.6%, Nasdaq 1.1%
Financial markets closed Tuesday's session with optimism around artificial intelligence and relief from falling oil prices. The S&P 500 rose about 0.6% and the Nasdaq more than 1.1%, driven by chipmakers; the Dow Jones closed nearly flat. Broadcom gained 4% after a $63 billion financing from a bank consortium to buy its chips intended for Anthropic, and Oracle rose almost 5%. Investors await the Federal Reserve's decision on Wednesday.
In 40 seconds
- S&P 500 rose about 0.6% and Nasdaq more than 1.1%; the Dow Jones closed nearly flat.
- Broadcom gained 4% after a $63 billion financing from a bank consortium to acquire its chips intended for Anthropic.
- Oracle rose almost 5% after integrating OpenAI tools into its applications and adding Google, Cerebras and OpenAI processors to its cloud.
IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.




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