A number of stocks jumped in the afternoon session after Micron’s blowout day signaled that AI-driven chip demand is structurally undersupplied which is bullish news for the equipment makers and foundries that build the capacity.

Investors have made a lot of money in recent years as the markets soared, but the City of Ottawa missed out on tens of millions of dollars in much-needed gains because it took more than three years to set up its new system for investing.

SPY shows market-top signs: double top, IPO mania, record margin debt, and low cash. The S&P 500’s 1.05% dividend yield. See more details here.

European stock markets open higher, Brent oil slips, amid Iran peace talks hopes

Follow all the latest U.S. market action for Wednesday here.

Asia stocks: Japan, S.Korea hit records on Wall St tech rally; Iran fears persist