India, Oct. 9 -- The US stock markets were on the up on Friday, October 9, amid returns to tech stocks after a fall in the value of AI stocks over the past few weeks. The Nasdaq Composite Index was 0.38% up to 27,296.92 and the S&P 500 Index was 0.28% higher at 7,787.12. while the Dow Jones Industrial Average saw gains of 145 points (0.28%) to 51,376.64, according to recent statistics provided.

However, the good performance did not mean that there were no worries regarding high valuations of AI, oil prices, interest rates and geopolitics. Delta Air Lines also had a tough day due to disappointing earnings and outlook.

Investors are now weighing whether the rebound can continue or whether higher borrowing costs and renewed volatility will...