US markets trade higher after AI deals. (Photo: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

S&P 500, Nasdaq Composite and Dow Jones Industrial Average opened higher on Friday after receiving a tech boost in investor sentiment due to fresh AI deals. The S&P 500 traded 0.15% or 9.91 points higher at 6,725.87 at open, while the tech-heavy Nasdaq index opened 0.13% or 29.40 points higher at 22,873.45. The Dow Jones Industrial average opened 0.18% or 83 points higher at 46,602.72.

"Financial market volatility is falling across the board, partly driven by the US government shutdown and the delay to key data releases such as the September jobs data," ING strategists Chris Turner and Francesco Pesole told Bloomberg. He added, "Instead, investors remain transfixed

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