Investors parsed fresh economic data and doubled down on bets the Federal Reserve will cut interest rates in December.

Stocks closed sharply higher for a second time in as many days this holiday-shortened trading week, although Nvidia and other semiconductor shares fell on a report Meta Platforms may use Google's AI chips in their data centers.

The Dow Jones Industrial Average remained on track for its fourth straight session of gains, led by a rise in shares of Boeing and Walmart. Boeing shares were up 2.9% at around $187.69 on Wednesday, a

NASDAQ gained strong upside momentum as traders rushed to buy tech stocks. Broadcom, which was up by 10.3%, was the best performer in the NASDAQ index today. Micron and Tesla were among the biggest gainers in today’s trading session.

Major stock indexes closed sharply higher Friday, but nevertheless posted weekly losses on concerns about AI spending and valuations of big tech firms.

Shares of Merck and UnitedHealth are seeing strong returns Tuesday morning, sending the Dow Jones Industrial Average into positive territory.

NASDAQ moved higher amid strong demand for tech stocks. Strategy, which was up by 4.3%, was among the biggest gainers in the NASDAQ index today. The stock gained ground as Bitcoin climbed above the $90,000 level.

The Dow Jones Index has pulled back in the past few days, moving from the year-to-date high of $48,416 to the current $47,457.

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Jamie Dimon, barely done with a mammoth building project on New York's Park Avenue, is embarking on another major development. Citi's Premium Card Rollout Was Marred by Errant Approvals The bank froze accounts after a special sign-up link intended for ...