AI stocks continue to bring positive momentum to the New York market, with major indices recording consistent gains. This movement is reinforced by a significant agreement between Nvidia and Meta for long-term transactions of millions of AI chips. The momentum from this strategic collaboration is reflected in the performance of technology stocks, especially Nvidia which surged 1.6% and Meta which rose 0.6% at the close.

Data from RTHK shows positive developments across all market sectors. The Dow Jones Industrial ended at 49,662 points with an increase of 129 points (0.26%), while the Nasdaq Composite stood out with a stronger gain reaching 22,753 points, up 175 points or 0.78%. The S&P 500 also gained, closing at 6,881 points with an increase of 38 points (0.56%).

Interestingly, the positive influence of AI stocks is not limited to the technology sector alone. Stocks from the energy and consumer sectors also contributed significantly to the upward market movement, reflecting broader market sentiment. With this momentum, AI stocks continue to demonstrate their appeal as attractive investment instruments for market participants.