Wall Street closes higher amid renewed appetite for AI

Wall Street closed higher, driven by strong financial results from companies like SpaceX, boosting interest in AI stocks. The Nasdaq rose 1.05%, while the Dow Jones and S&P 500 also saw gains. SpaceX reported a record quarterly revenue of $14.6 billion, significantly increasing investor optimism. Other tech stocks, including Nvidia and AMD, also experienced gains. Investors are now focused on upcoming earnings from Meta and Tesla, with expectations for positive results. The macroeconomic outlook remains cautious as the market awaits the Federal Reserve's monetary policy meeting next week.