The tech-heavy Nasdaq was up almost 2.7%, the most since May, as speculation over a Fed interest rate cut in December grew, and AI optimism propelled tech higher. Alphabet rose to a fresh record high over optimism about its next version of its AI Gemini tool. Meanwhile, Tesla surged 7% amid a bullish call from Wall Street.
The tech-heavy Nasdaq was up almost 2.7%, the most since May, as speculation over a Fed interest rate cut in December grew, and AI optimism propelled tech higher. Alphabet rose to a fresh record high over optimism about its next version of its AI Gemini tool. Meanwhile, Tesla surged 7% amid a bullish call from Wall Street. ♬ Glow - nimino
