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U.S. Equities Rally on Rate-Cut Hopes and Tech Strength
U.S. equities rallied meaningfully as technology shares led the advance and investor expectations shifted toward a potential rate cut by Federal Reserve in December. The S&P 500 rose about 1.55%, the Nasdaq Composite surged around 2.7%, and the Dow Jones Industrial Average climbed roughly 0.4%.
Key drivers: Alphabet Inc. jumped ~6.3% on strong AI-product sentiment (Gemini 3 model). Rate-cut probability rising as Fed officials signaled openness to cutting rates in December. Major tech capital investment continuing as firms raise tens of billions for AI/cloud infrastructure.
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U.S. Equities Rally on Rate-Cut Hopes
U.S. equities rallied meaningfully as technology shares led the advance and investor expectations shifted toward a potential rate cut by Federal Reserve in December.