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After starting the day in the red, U.S. markets have made a positive turnaround as of 10:44 AM EDT. The S&P 500 is up by 14.90 points, or 0.27%, trading at 5,543.83. The Dow 30 has gained 193.09 points, or 0.47%, reaching 41,130.02. Meanwhile, the Nasdaq has added 23.97 points, or 0.14%, standing at 17,160.27.
Among individual stocks, Advanced Micro Devices, Inc. (AMD) has shown a significant surge. AMD is trading at $142.75, up by $5.81, marking a 4.24% increase. The stock opened at $140.49, above its previous close of $136.94, indicating strong buying interest early in the session.
AMD’s 52-week range spans from $93.12 to $227.30, reflecting the stock’s volatility and growth potential. Today’s trading volume stands at 18,243,818, compared to an average volume of 52,255,109, showing heightened investor activity.
This positive momentum in the broader market and AMD’s impressive gains suggest a strong start for U.S. equities, with investors showing renewed confidence after a cautious opening.