US Stocks Rebound, Still Post Weekly Losses

2025-11-21 21:05 By Felipe Alarcon 1 min. read

US stocks sharply rebounded on Friday as the Dow rose 1.2%, the S&P 500 added 1.1% and the Nasdaq climbed 0.8%, after New York Fed President John Williams suggested policy may have room to move closer to neutral and traders lifted the probability of a December rate cut to nearly 70%.

Communication services led early advances with Alphabet up 3.3% on momentum around its Gemini 3 model and plans for large data centre investments while Meta (0.9%) firmed and Intuit rallied after strong results.

However the tech complex weakened again as the session progressed with Nvidia (-1%) turning lower and joining Microsoft down 1.3% Broadcom down 1.9% AMD down 1.1% and Oracle plunging 5.7% as investors continued to reassess stretched AI valuations.

The major indexes still posted weekly losses with the S&P 500 down 2% the Dow down 1.9% and the Nasdaq lower by 3.2% as markets balanced hopes for Fed easing with ongoing volatility across the largest AI names.



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