US markets open in green: Tech boost aided by AMD-OpenAI deal lifts Wall Street; investors shrug off govt shutdown concerns

US stock markets began the trading day on a positive note this Monday, extending the previous week’s upward momentum. The rally was primarily driven by AMD’s artificial intelligence partnership with OpenAI, which helped overshadow worries about an extended US government shutdown.At market opening, the Dow Jones Industrial Average edged up by 17.8 points, reaching 46,776.04, a 0.04% increase. The S&P 500 advanced by 18.1 points to 6,733.86, marking a 0.27% gain, whilst the Nasdaq Composite climbed 113.8 points to 22,894.352, representing a 0.50% rise.Advanced Micro Devices (AMD) and OpenAI announced a multi-year partnership to develop AI data centers, a deal AMD says could generate tens of billions of dollars in new revenue over the next five years. AMD share prices soared, rising from the previous close of $164.67 to Monday opening of $226.32, a surge of around 37 per cent, after the…