Stock Market Today: Dow, S&P 500, and Nasdaq Rise, Bringing Brightness Back to Wall Street at the End of a Volatile Week
US stock markets rebounded on Friday after recent declines. Signs of easing inflationary pressures and diminishing concerns about artificial intelligence (AI) gave investors renewed hope at the end of a volatile week. Stock Market Today Dow, S&P 500 The S&P 500 (^GSPC) rose about 0.4%, while the Nasdaq Composite (^IXIC) gained about 0.5%, raising hopes of a continuation of Thursday's strong rally. The Dow Jones Industrial Average (^DJI) also rose 0.3%. In the tech sector, Oracle (ORCL) shares surged after China's ByteDance signed an agreement with the company to form a US TikTok joint venture. Meanwhile, confidence in AI-related stocks was further boosted by Nvidia. According to a Reuters report, the US is reviewing the possibility of selling its H200 chips to China, which sent Nvidia shares soaring. Overall, investors maintained hopes for further interest rate cuts as they navigated a week of economic data-packed economic data. Although November employment and consumer...