U.S. stocks on the rise

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U.S. stocks rose Thursday morning, close to a record following mixed profit reports from big chip companies, the Associated Press reported.

The S&P 500 rose 0.4% and was sitting a bit below its all-time high at 6,946. The Dow Jones Industrial Average was up 260 points, or 0.5%, as of 9:35 a.m. Eastern time, hovering around 50,329, and the Nasdaq composite was 0.3% higher at 22,988.

Equinix stock rose 11.6%, credited to its data centers business as demand grows with the growth of AI.

Digital Partners