Strength for artificial-intelligence stocks is helping the U.S. market to hold firmer on Thursday, even as pressure from the bond market continues to rattle financial markets worldwide.
The S&P 500 rose 0.3 per cent and was on track to break a three-day losing streak. The Dow Jones Industrial Average was up 211 points, or 0.4 per cent , as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.5 per cent higher.
Technology stocks helped lead the way after Micron Technology delivered a stronger profit report for the latest quarter than analysts expected. The maker of memory chips for computers also said growth is strengthening, and it gave forecasts...
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