Lithuanian President Gitanas Nausėda expressed his support for former President Donald Trump's goal of increasing NATO defense spending, emphasizing the ongoing threat from Russia.
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The S&P 500 was 0.4% higher in early trading. It’s on track for just a 0.1% weekly loss after tumbling Monday on worries the artificial-intelligence boom that’s sent it to records may not require as much investment as thought. The Dow Jones Industrial Average was up 87 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.9% higher.helped lead the market and rose 3.2% after reporting stronger profit for the latest quarter than analysts expected.
KLA, a supplier to the electronics industry, rose 1.8% after reporting profit and revenue that topped analysts’ expectations. It credited expanding artificial-intelligence and high-performance computing investments, and it clawed back more of its sharp 6.3% drop for Monday. That’s when tech stocks around the world tumbled, after a Chinese upstart,, said it developed a large language model capable of competing with the world’s best, without having to use top-flight chips.
Yields have been generally climbing since September as the U.S. economy has remained much more solid than economists expected. More recently, worries about tariffs and other possible policies coming from President Donald Trump that could add upward pressure on inflation and the U.S. government’s debt have also sent yields higher.than Wall Street had forecast. Exxon credited increased production in the U.S.
The Kospi in South Korea fell 0.8% after trading resumed their following holidays. Markets remained closed in Hong Kong and Shanghai for the Lunar New Year.Teen figure skaters and their coaches, group of hunters and students among victims of air crash
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