Wall Street rebounds as investors shrug off inflation and AI concerns

Wall Street stocks rebounded Thursday, closing higher after a weak start, with the Dow Jones Industrial Average up 1.1 percent, the S&P 500 up 0.3 percent, and the Nasdaq Composite up 0.1 percent. The initial decline was driven by September inflation data released earlier in the week and ongoing concerns about overvaluation and debt among AI companies. Investors gradually regained confidence during the session, choosing to accept risks and buy shares. The Dow's gain reflected reliance on established large-cap companies, while Micron Technology recovered from Wednesday's drop, rising 1.9 percent.