Table of Contents

• S&P 500

• Anthropic

Top Stories Today

Economy & Finance

S&P 500

Today, the S&P 500 retreated slightly after briefly touching a new high above 5,500, influenced by Nvidia's reversal from earlier gains. The index closed down 0.25% at 5,473.17. Earlier in the session, it had reached a record level before pulling back. The Nasdaq Composite also declined by 0.79%, ending at 17,721.59, while the Dow Jones Industrial Average surged 0.77% to finish at 39,134.76. Market sentiment remains cautious amid low trading volumes and signs of potential overextension, despite ongoing momentum throughout the week.

Technology

Anthropic

Anthropic introduced its latest artificial intelligence model, Claude 3.5 Sonnet, marking a significant advancement in its technology lineup. Developed by former executives from OpenAI, Anthropic has garnered substantial support from tech giants like Google, Salesforce, and Amazon, securing $7.3 billion in funding over the past year. Claude 3.5 Sonnet offers enhanced capabilities in understanding nuance, humor, and complex instructions, while excelling in producing high-quality, natural-sounding content. The model also includes features like "Artifacts," enabling users to generate and interact with text documents, code, and other outputs in real-time, aimed at enhancing productivity across various sectors including technology, legal services, and business operations.

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