AMD's positive outlook drives U.S. stocks higher, with mixed performance in tech stocks.

ChainCatcher news reports that on Wednesday, as technology stocks rebounded, major indices rose, and the US stock market extended its gains. The S&P 500 index increased by 0.1%, supported by AMD’s positive sales growth outlook, which helped the benchmark index to potentially close for the fourth consecutive trading day higher. Meanwhile, the Nasdaq 100 index declined by 0.1%. Matt Maley from Miller Tabak stated that investors no longer seem to be as concerned about the recurring expenses associated with AI phenomena as Michael Burry. Russ Mould, Investment Director at AJ Bell, pointed out that a correction and decline are healthy and necessary phenomena in financial markets, but investors should remain cautious of any signs of selling.