The markets ended on a mixed note as the S&P 500 and the Nasdaq registered gains chiefly powered by artificial intelligence deals. Investors appeared cautiously optimistic despite the lacking clarity in the Federal Reserve's monetary strategy, caused by a scarcity of official economic data from the U.S. authorities.

The Nasdaq's performance was buoyed by significant tech news, including Amazon's $38 billion deal with OpenAI to utilize its AWS cloud infrastructure for AI applications, lifting Amazon's shares by 4%. Nvidia also saw a 2.2% rise following former President Trump's announcement to restrict its advanced chips to domestic companies.

The U.S.-China trade war showed signs of respite over the weekend, adding to the positive market sentiments. Conversely, uncertainty looms large due

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