Mixed Close on Wall Street Amid AI Stock Surge

Major Wall Street indices showed mixed results Friday amid a surge in AI stocks.

Taiwan's Foxconn, the world's largest electronics contract manufacturer, posted record earnings Friday thanks to a boom in AI servers, boosting related stocks.

By the closing bell, NVIDIA rose 3%, TSMC surged 5%, and ASML gained over 7%, while Micron Technology soared over 10%.

As a result, the Nasdaq index rose 1.24% from the previous session to close at 19,864.98. The S&P 500 index also closed up 0.55% at 5,975.38, but the Dow Jones index fell 0.06% to close at 42,706.56.

Bitcoin soared to surpass the 100,000-dollar mark again Friday.

The price of one Bitcoin was 102,081 dollars at around noon Friday, up 4.1% from 24 hours earlier, the cryptocurrency information platform CoinGecko showed.

This is attributed to the anticipation of cryptocurrency regulation easing under the second Trump administration, ahead of the U.S. Congress's certification of President-elect Donald Trump.

Not only Bitcoin but also Ethereum, Ripple, and Solana showed gains of 2-3% compared to the previous day.

Canadian Prime Minister Justin Trudeau, who has been threatened with a no-confidence vote by the opposition coalition, announced Friday he will be stepping down.

Having served as Prime Minister for over nine years since November 2015, Trudeau faced declining support due to issues such as high inflation, rising housing prices, and immigration problems.

The pressure to resign intensified after President-elect Trump of the United States threatened a "tariff bomb" against Canada and reportedly told Trudeau to "go to hell."