Wall Street closes higher, supported by chip and artificial intelligence stocks

The main indices on Wall Street closed higher on Monday, supported by the rise in shares of electronic chip and artificial intelligence companies.

The Standard & Poor’s 500 Index rose 0.74% to 7,538.34 points, the Nasdaq Composite Index rose 1.12% to 26,121.16 points, while the Dow Jones Industrial Average increased 0.29% to 53,053.59 points.