The New York stock market closed on high, driven by investors who bet on the AI, pending the Fed's decision on monetary policy.
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27/10/2026
by
Lusa
A new York stock exchange closed today on high, supported by a new wave of good-account securities purchases in the artificial intelligence (IA) sector, on the eve of a monetary policy decision of the Federal Reserve (Fed).
The result of the session shows that the Nasdaq technological index gained 1.18%, the extended S&P500 advanced 0.60% and the selective Dow Jones Industrial Average increased 0.03%.
“ The hunt for good business is underway, (...) fueled by the values linked to the AI, in particular semiconductors and technological conglomerates”, summarized Patrick O’Hare of Briefing. with, in statements to AFP.
These same values had suffered heavy losses last week, affected by investors’ fears about their strong indebtedness to sustain massive investments in the development of the AI.
Nvidia valued 0.90% mardi, Amazon 1.61% and Apple 0.93%. Broadcom won 4,00%.
For O’Hare, the market is also gaining by “calming oil prices and falling bond yields” after its recent peaks.
The income provided by the 10-year federal debt title has hardly varied today in relation to yesterday's closure, evolving around 4.99%. A week ago I was at 5.12%.
At the same time, investors await the Fed's monetary decision, which will release it on Wednesday.
“ Investors assume (...) that the Fed is not inclined to raise the reference interest rate when elections are approaching”, partial mid-term legislative, on November 3, estimated O’Hare.
But analysts expect a further rise before the end of the year, when inflation remains strong, fuelled by rising energy prices.
The operators are awaiting the press conference of Fed President Kevin Warsh at the end of the Monetary Policy Committee meeting at 18.30 Lisbon.