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News 2026-10-26 20:07 UTC

US Stocks Rise as Anthropic IPO Filing Revives AI Trade

US stocks closed higher on Monday as a rebound in AI-related shares lifted markets after Anthropic filed for an IPO. The S&P 500 gained 0.7%, the Nasdaq rose 1.1% and the Dow added 146 points. The filing brings Anthropic (+%) closer to becoming the first company focused primarily on advanced AI models to go public, tes