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2026.10.0613:33:51UTC+00US Stocks Extend Rebound

US stock indices advanced on Tuesday, led by heavyweight technology shares, as the recent surge in bond yields paused, easing pressure on the sector’s credit outlook. The S&P 500 and Nasdaq 100 each gained 0.5%, closing at fresh record highs, while the Dow added a more modest 0.3%. AI infrastructure and hyperscaler stocks were broadly stronger, with a steady flow of new deals continuing to fuel speculative interest in the technology theme. OpenAI was reported to be in talks to raise $30 billion from UAE investors, and Alphabet edged higher ahead of an agreement to secure nuclear power capacity from Constellation Energy, whose shares jumped 15%. Elsewhere in the sector, AMD climbed 2% after CEO Lisa Su flagged robust chip demand over the coming years, while cybersecurity names Palo Alto Networks, Fortinet, and CrowdStrike each advanced by about 4%.

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