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US stocks rallied in which the SPX reclaimed 6,700 and posted broad-based gains, while the Nasdaq was the outperformer as AI names clawed back some recent losses. Communications jumped 4%, led by Alphabet after more upbeat commentary on its latest AI updates, while tech and consumer discretionary gained about 2.5% (led by Broadcom, AVGO +11%) and 2.0%, respectively. Support also came from firmer expectations of a December rate cut after Fed Governor Waller reaffirmed backing for a 25bps move, and Daly (2027 voter) also endorsed such a reduction. As such, money markets priced a December cut at a 76% probability,…
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November 14, 2025
05:09
Source: zerohedge.com
November 13, 2025
05:15
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November 12, 2025
05:11
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October 14, 2025
04:40
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October 4, 2025
02:51
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September 25, 2025
03:42
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July 11, 2025
20:44
Source: bradfordtoday.ca