US Stocks Rally, AI Sector Boosted; Interest Rate Cuts Expected
Update: 2025-12-19
Description
US stocks rebounded, with the S&P Five Hundred and Nasdaq gaining, driven by cooling inflation and AI concerns easing. Oracle stock surged on ByteDances US TikTok deal, while Nvidia shares rose on potential US chip sales in China. Pharmaceutical companies agreed to lower drug prices for Americans in exchange for tariff exemptions. Investors anticipate interest rate cuts next year, despite a positive inflation outlook and weaker job market. The University of Michigans final consumer sentiment reading and the ten-year Treasury yields rise are upcoming events.
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