US EditionSantoli's Monday Market Wrap-up: Buyers Seize on some Oversold Conditions and Pull the S&P 500 Out of the Hole
Traders see a 71% chance of a Federal Reserve rate cut next month as markets react to delayed U.S. economic data and a supportive Fed official's comments.
6 Articles
6 Articles
Stock Market Today: Dow, S&P 500, Nasdaq Set to Open Up; Nvidia, Tesla, Palantir, Strategy, More Market Movers; Bitcoin Drops
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Monday as the stock market raises expectations for the Federal reserve to cut interest rates.
Nasdaq sees biggest jump since May, S&P 500 soars as Alphabet, Tesla lead tech rally
US stocks surged on Monday to start the shortened Thanksgiving trading week as US policymakers buoyed hopes for an interest-rate cut in December and AI optimism fueled the tech trade. The tech-heavy Nasdaq Composite (^IXIC) was up almost 2.7%, its biggest daily jump since May. The S&P 500 (^GSPC) advanced more than 1.5%, as Wall [...]
The U.S. stock market prolongs the rise and consolidates the technological rebound. Nasdaq 100 jumps more than 2% driven by Alphabet, Tesla and the chip manufacturers’ rally, while Dow Jones and S&P 500 accompany in green in a climate marked by enthusiasm with artificial intelligence and detente signals between the U.S. and China.
The Dow Jones Industrial index increases by 0.59 percent to 46.516 meters. The technology-loaded Nasdaq 100 wins 2 percent to 24.734 meters.
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
