Stock Market Rallies on Fed Rate Cut Hopes
Update: 2025-11-24
Description
U.S. stock market surges on Monday, marking one of its best days since summer, with S&P 500 climbing 1.5%, Dow Jones Industrial Average rising 0.4%, and Nasdaq composite gaining 2.7%. Optimism for potential Federal Reserve interest rate cut in December drives market growth, with AI sector companies like Alphabet leading the charge. Shortened trading week due to Thanksgiving holiday, but market participants remain focused on economic data and Fed statements. Investors hope for a strong finish to the year amidst ongoing market performance discussions.
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