AI Surge Sends S&P 500 and Nasdaq to Records as Ibovespa Declines
An AMD–OpenAI chip supply deal galvanized tech shares despite a U.S. data blackout.
Overview
- U.S. trading closed with the S&P 500 up 0.36% at 6,740.28 and the Nasdaq up 0.71% at 22,941.67, while the Dow Jones slipped 0.14%.
- Advanced Micro Devices jumped 23.71% after securing a chip supply agreement with OpenAI for AI data centers, as Nvidia eased 1.12% and UiPath rose 12.56% on new AI partnerships.
- Brazil’s Ibovespa fell 0.41% to 143,608 points on losses in major banks and Petrobras during a low-liquidity session.
- Vale gained 1.71% after announcing a repurchase of participative debentures, with analysts highlighting lower obligations and improved free cash flow visibility.
- Heightened fiscal risk signals from France and Japan pressured Treasuries and firmed the dollar, while the U.S. government shutdown curtailed economic data and put upcoming Federal Reserve speeches in focus.