2026-10-07
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This is The World in Brief from The Economist.
Top stories.
The S&P 500 index of big American companies hit a record high, climbing at one point by 0.8%.
It closed the day up by 0.6%.
The tech-heavy Nasdaq rose by nearly 0.5%.
Investors are excited about AI again.
NVIDIA, a chipmaker and the world's most valuable company, edge towards a $6 trillion valuation.
Easing concerns over global oil supply also help share prices.