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Tech Stocks Lift Markets
Technology stocks led a Wall Street rebound on Wednesday, with CoreWeave surging 20% after reporting results and revenue above expectations, while Nvidia rose more than 4%. The Nasdaq gained 1.6%, the S&P 500 rose 1.3%, and the Dow Jones added 253 points, as investor sentiment toward the AI sector improved. Interest-rate expectations remained a concern after U.S. inflation rose 0.4% in October, while the odds of a 25-basis-point rate hike in December climbed to around 90%.
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