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S&P 500 and Nasdaq Rise as Tech Stocks Gain

US stocks opened higher on Tuesday, October 27, with chipmakers and AI-related shares gaining and oil prices sliding. The S&P 500 was up 0.3% shortly after the opening bell.

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US stocks opened higher on Tuesday, October 27, as gains in chipmakers and AI-related shares, along with a slide in oil prices, offset caution ahead of the Federal Reserve’s October policy decision. The three US indices moved higher shortly after the opening bell with the S&P 500 gaining 0.3% and t…