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US indices rebounded after yesterday's Fed-induced selloff, with the S&P 500 up 0.8%. Intel jumped 6% on news of an Apple foundry deal, while crude oil fell to three-month lows following a preliminar…
US stocks rallied on easing Strait of Hormuz tensions and tech strength. Meta rose 2% after announcing plans to cut workforce by 20%+ to improve AI efficiency.
Alphabet's shares gained amid growing optimism for AI growth and strong December Fed rate cut expectations, boosting tech and broader market sentiment during a historically strong Thanksgiving week.
Key indices rose modestly while EURUSD edged down slightly, indicating neutral forex reaction amid positive US equity movements.