Funds shift dramatically! AI frenzy suddenly cooled by Oracle's financial report; Dow Jones surged by 1.3%, marking a comeback for cyclical stocks.
According to the Wise Finance APP, the US stock market closed higher in volatile trading. The latest financial report of Oracle (ORCL.US) has reignited concerns about whether tech companies can profit from their artificial intelligence investment plans, leading to a surge of buyers entering the market on dips. The S&P 500 index rose 0.2%, reversing early losses and achieving a record closing price for the first time since late October.
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