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    Daily Market Brief

    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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    Latest Deal
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    RAPT THERAPEUTICS
    GSK PLC

    RAPT THERAPEUTICS acquired by GSK PLC

    $2.1B
    Health Care
    2026-01-20
    Advisors: Undisclosed
    Read Announcement
    Opportunities for You
    Goldman Sachs
    2026 | Americas | Houston | FICC and Equities, Sales and Trading | Summer Analyst
    Open
    Houston • 2027
    Goldman Sachs
    2026 | Americas | Chicago | Wealth Management, Financial Planning | Summer Analyst
    Open
    Chicago • 2027
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