Shares of technology companies rose as traders jumped back into bets on the artificial-intelligence boom.
A moderation in Treasury yields and oil prices spurred risky bets.
The PHLX SOX Semiconductor Sector index rose by more than 3%. The index is a basket of major chip makers, including Nvidia, who make the picks and shovels for the AI gold rush.
Federal aviation officials reportedly aim to launch an AI-powered air-traffic tool around Washington DC, one of the nation's busiest airspaces, as soon as Monday.
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