U.S. market updates records due to growth of AI companies

10:51 - 3.10.2025


October 3, Fineko/abc.az. U.S. stock futures are near zero on Friday, October 3, after the market updated its highs the day before thanks to AI companies, apparently overcoming concerns about a two-day U.S. government shutdown.

ABC.AZ reports that each of the three major U.S. indices reached record highs on Thursday, October 2.

S&P 500 rose 0.06%, while the Dow Jones Industrial Average almost by 0.2%.

Nasdaq Composite grew by about 0.4% due to a 0.9% rise in Nvidia shares, which allowed the chipmaker to reach a historic high. Shares of other chip manufacturers also strengthened: Intel and AMD shares rose more than by 3%.