New york: Major US stock indexes posted modest gains on Monday as investors monitored developments in negotiations between the United States and Iran and welcomed the unveiling of a new computer chip designed to bring artificial intelligence capabilities to personal computing.
According to Qatar News Agency, the S and P 500 rose 20.19 points, or 0.27 percent, to close at 7,600.03. The Nasdaq Composite gained 114.75 points, or 0.43 percent, to end at 27,087.37. Meanwhile, the Dow Jones Industrial Average advanced 44.70 points, or 0.09 percent, to finish at 51,076.85.
Investors are closely watching the ongoing negotiations between the United States and Iran, which could have significant implications for global markets. Additionally, the introduction of a new computer chip that promises to enhance personal computing with artificial intelligence capabilities has generated interest among market participants, contributing to the positive performance of the stock indexes.