Finance
Wall Street ends higher as bitcoin rise lifts tech risk appetite
The three major U.S. stock indexes finished higher as bitcoin rose nearly 5 percent and helped revive risk appetite in technology shares. Semiconductor and AI themes outperformed, with the Philadelphia Semiconductor Index up 1.84 percent. Amazon unveiled its new AI chip, while Intel surged on expectations it may produce Apple’s low-end M series chips from 2027. Markets showed little reaction after Donald Trump introduced Kevin Hassett as a potential next Federal Reserve chair.
