The S&P 500 rose 0.4%, the Dow added 165 points and the Nasdaq gained 0.7% as AI-linked technology shares led another global advance.
South Korea’s Kospi surged 6.2%, while ASML climbed 2.3% after reporting stronger-than-forecast revenue growth and a summer outlook lifted by accelerating AI-related customer expansion.
BlackRock jumped 7.6% after beating profit and revenue estimates, with Bank of New York Mellon up 2.5% and Morgan Stanley 1% higher following solid bank earnings.
Oil still hovered near a one-month high because of the war with Iran, but the market push suggested investors were looking past energy pressure and recent volatility in AI stocks.
Expectations remain high for spring-quarter earnings, and companies may need to keep beating forecasts to justify stock indexes trading near record levels after recent inflation-driven gains.