Nasdaq Hits 2023 High On Google AI Push. Curb Your Enthusiasm.


Key Topics in this News Article:

News Snapshot:

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. X The stock market rally closed mixed Wednesday, amid a tame CPI inflation report and a big move by Google parent Alphabet (GOOGL). The Nasdaq jumped to a 2023 high, while the S&P 500 had a decent advance. Google flashed buy signals as it touted its artificial intelligence efforts as it tries to beat back Microsoft (MSFT). Advanced Micro Devices (AMD), another AI play, continued its big recent bounce. Aside from some megacap techs and beaten-down software names, market action wasn't as strong as the...