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US stock market: The S&P 500 closed at a record high on Friday, driven by a surge in tech stocks, particularly those of chip-making companies that are buoyed by optimism surrounding artificial intelligence (AI) advancements. The index climbed 1.23 per cent to close at 4,839.81 points. The tech-heavy Nasdaq index advanced 1.70 per cent to 15,310.97 points, and the Dow Jones Industrial Average increased by 1.05 per cent to 37,863.80 points., Markets News, Times Now