Stocks Rebound: Bitcoin, AI Stocks Lead Rally

Stocks surged earlier this week, with major indexes climbing after a shaky start. The Dow Jones, S&P 500, and Nasdaq all finished higher, driven by Bitcoins rebound and strong AI tech performances. Despite volatility, investors are now hopeful for a year-end rally, anticipating an interest rate cut and positive earnings projections. Historically, December is a favorable month for stocks, with the S&P 500 averaging over a one percent gain.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.