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Stocks ended higher Thursday with the Dow
rising more than 1%, the S&P 500 adding 0.3%,

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and the Nasdaq gaining marginally. The S&P
sprung back from early losses as investors who

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were concerned about AI stocks shifted into
healthcare and consumer names. Big contributors

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to the S&P 500's gain included Eli Lilly,
which climbed 3.5%. And UnitedHealth, which

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added nearly 3% after both got rating upgrades
from Deutsche Bank. It also upgraded Walmart,

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boosting its shares about 1%.5%. Meanwhile,
several technology stocks fell as investors

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scrutinized AI-related companies whose debt
loads leave them vulnerable to rising interest

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rates. That is something Melissa Brown,
managing director of investment decision

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research at Simcorp, says she is watching
closely. AI. Is really requiring, um,

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you know, it has high financing costs we've
moved from being kind of a software intensive

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industry to one that's becoming much more
capital intensive and when AI companies who

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have good cash flows and can, you know,
hopefully easily cover their debt, they're

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still being required to pay higher spreads
over government yields. um I think that really

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hurts the whole market because. Everybody's
going to have to pay higher rates in order

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to, you know, to borrow money. Shares of Broad
Common Nvidia dipped after chip manufacturer

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TSMC struck a cautious note in its 2027
outlook, despite reporting 1/6

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consecutive record quarterly profit on robust
AI-driven demand. Data on Thursday showed US

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Producer prices increased by the most in 4.5
years in September amid rising goods and

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services costs, the latest indication of
inflation broadening beyond energy prices.

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Hotter than expected consumer inflation data
on Wednesday fueled expectations of further

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interest rate hikes by the US Federal Reserve,
contributing to a Wall Street sell-off.