Wall Street Ends Trading Session Up, Driven by SK Hynix IPO and AI Sector Optimism

U.S. stock markets concluded the trading day higher, with the S&P 500 nearing a record high. This positive movement was significantly influenced by the strong Nasdaq debut of South Korean chipmaker SK Hynix, which opened 14% above its offering price after raising $26.5 billion. The successful IPO further fueled investor enthusiasm for the artificial intelligence sector, contributing to gains across major indexes.