Stock Market Today: S&P 500, NASDAQ Rise Due to Anthropic IPO
2026-09-29 22:23:29
CoinMeta US stock data: Today, the US stock market opened higher, with the S&P 500 index rising 0.21% to 7,699.6 and the Nasdaq rising 0.31% to 26,904.6, mainly benefiting from optimism about the upcoming listing of Anthropic. The company's IPO is expected to push its valuation above $2 trillion, and its IPO prospectus mentions future cloud computing and infrastructure commitments of approximately $518 billion, further enhancing market expectations for AI capital expenditures. Meanwhile, the yield on 10-year US Treasury bonds remains above 5.21%, increasing borrowing costs and putting pressure on long-term growth stocks. Nevertheless, the expenditure cycle related to AI remains strong, serving as an important driver of US economic growth.
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Source:Coinpaper
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