Stock market today: Dow, S&P 500, Nasdaq jump as TSMC boosts AI hopes, bank stocks rally

US stocks rose Thursday, signaling a recovery from back-to-back losses as chip linchpin TSMC's strong outlook boosted AI hopes and bank stocks rallied after upbeat earnings reports from two Wall Street heavyweights. The tech-heavy Nasdaq Composite (^IXIC) picked up nearly 1% to lead the way higher, while the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) gained 0.7% and 0.8%, respectively, following a second straight day of losses for the Wall Street indexes. TSMC (TSM), the world's largest con ...