AI Surge, Rate Hints Boost Market, Then Jobs Report Dampens
Update: 2025-11-25
Description
The stock market experienced a significant rebound earlier this week, driven by renewed excitement around artificial intelligence, particularly Alphabets upgraded Gemini three AI model. The Nasdaq and S&P five hundred indices gained, with tech stocks like Alphabet, Broadcom, Micron, and Palantir seeing increases. However, a stronger-than-expected jobs report reduced the chances of a December interest rate cut, causing investors to become more cautious about high-flying tech valuations. This led to a rotation of capital away from volatile growth sectors and towards more stable, defensive stocks like Walmart, which saw a six percent gain after its strong earnings report.
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