US STOCKS SNAPSHOT-Wall Street opens higher on optimism for AI demand

Reuters

11/03

Nov 3 (Reuters) - Wall Street kicked off November on firmer ground on Monday, driven by optimism around AI demand with OpenAI and Amazon striking a $38 billion deal, while Kenvue shares soared after Kimberly-Clark's buyout deal.

The Dow Jones Industrial Average .DJI rose 134.5 points, or 0.28%, at the open to 47,697.33. The S&P 500 .SPX rose 42.1 points, or 0.62%, to 6,882.32, while the Nasdaq Composite .IXIC rose 227.0 points, or 0.96%, to 23,951.911.

(Reporting by Twesha Dikshit in Bengaluru; Editing by Krishna Chandra Eluri)

((Twesha.Dikshit@thomsonreuters.com))

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