S&P 500 Rebounds as Anthropic’s Update Tempers AI Concerns
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergUS stocks rebounded on Tuesday as AI startup Anthropic PBC said it was expanding the reach of its Claude chatbot to build partnerships in the software and services sectors.
The S&P 500 Index gained 0.8%, with nine of 11 sectors in the green, led by consumer discretionary, industrials and information-technology stocks. The Nasdaq 100 Index rose 1.1%.