US Stocks Rebound, Inflation Hopes Ease
Update: 2025-12-19
Description
US stocks surged, driven by optimism over slowing inflation and AI concerns, with the S&P Five Hundred and Nasdaq Composite climbing over one percent each. Oracle stock soared after ByteDances US TikTok joint venture announcement, while Nvidias shares popped on US review of H Two Hundred chip sales in China. Nine pharmaceutical companies agreed to lower drug prices for Americans in exchange for tariff exemptions, impacting healthcare costs. Investors remain hopeful for interest rate cuts next year, despite mixed economic data, as a more positive inflation outlook and weakening job market reignite expectations of monetary policy easing.
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