Tech stocks rise as AI optimism lifts Meta; oil and yields temper
Tech shares moved higher on renewed AI optimism, with Meta boosted by interest in its Muse AI. Broader equities struggled as oil rose back above $100 a barrel and bond yields headed higher.
Technology shares were lifted on Tuesday by renewed optimism over artificial intelligence, while the wider equity market had trouble making much progress as oil moved back above $100 a barrel and bond yields climbed again. The viral popularity of Meta Platforms' NASDAQ:META Muse AI ass…