Wall St. Surges, Tech Stocks Soar
Update: 2025-11-26
Description
Wall Street kicks off the day on a high note, with stock futures surging after two days of gains. The Dow, S&P, and Nasdaq all show increases, following a strong Tuesday. Tech stocks like Alphabet soar, boosted by reports of Meta Platforms potentially using their specialized chips. However, Nvidia dips slightly. Investors eagerly await the Feds next move on interest rates, with a December rate cut betting over 80%. Treasury Secretary Bessent hints at a Fed chair announcement before Christmas, with Hassett emerging as a frontrunner. Jobless claims also drop to a four-month low, indicating a robust job market.
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