The three leading indexes on the New York Stock Exchange rose on Thursday. The broad S&P 500 increased by 0.4 percent, while the Dow Jones industrial index and the technology-heavy Nasdaq both rose by 0.6 percent.
Among the winners was chip manufacturer Micron. The stock surged 14.7 percent after the company presented an interim report with a profit that exceeded analysts' expectations. Micron emphasized in the report its successful sales of products related to artificial intelligence.
The upturn on Wall Street was held back by falling prices in gas and oil companies. The price of crude oil fell after the Financial Times reported that Saudi Arabia, which plans to increase its production, intends to abandon the unofficial target price of $100 per barrel. Exxon Mobil, for example, fell by 1.7 percent.
