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Nasdaq Bounces as Chips Lead AI Revival: Stock Market Today

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The main equity indexes were mixed on the first Tuesday of November, though names related to the artificial intelligence trade lifted the Nasdaq Composite and the S&P 500 into the green. Crude oil was flat, but bond yields were up, as voters across the U.S. headed to polling stations for midterm elections.

By the closing bell, the tech-heavy Nasdaq Composite had risen 0.8% to 25,372, and the broad-based S&P 500 was up 0.4% at 7,568. But the blue-chip Dow Jones Industrial Average had slipped 0.4% to 51,786.

The front-month West Texas Intermediate crude oil futures contract was up 0.1% to $96.56 per barrel, amid continuing diplomatic efforts to end the war in the Middle East. Treasury yields were higher across the maturity spectrum, including the 2-year (+0.4 basis points, 4.623%), the 10-year (+6.4 bps, 4.958%) and the 30-year (+6.2 bps, 5.331%).

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