US stocks ended the session higher as a rally in artificial intelligence shares lifted the Nasdaq ahead of an upcoming Federal Reserve decision.
AI stocks lead the market higher
The advance was driven by strength in AI-related stocks, with the gains helping the Nasdaq finish higher. The move placed technology-focused shares at the center of the session’s market performance.
Markets await the Fed
The gains came before a decision from the Federal Reserve, adding a closely watched policy event to the market backdrop. The source did not provide details of the decision, its timing or the sectors affected beyond the reported rise in AI stocks and the Nasdaq.
For now, the key market developments were the broader rise in US stocks and the strong performance of AI shares ahead of the Fed announcement.