US Stocks Surge on Interest Rate Hopes
Update: 2025-11-24
Description
US stocks surged at the start of the Thanksgiving trading week, with major indexes posting significant gains. The Nasdaq Composite climbed over 2.5%, while the S&P 500 advanced more than 1.6%. This surge was driven by renewed hopes for an interest rate cut in December. The Dow Jones Industrial Average also saw positive movement, adding 0.6%. Leading the charge higher were tech companies like Nvidia, Alphabet, and Tesla. Bitcoin remained under pressure, trading slightly lower despite a slight recovery over the weekend. Investors are closely watching for more economic data releases this week and the Supreme Courts upcoming ruling on President Trumps tariffs.
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