In accordance with Bpaynews, Wall Street's risk appetite strengthened as artificial-intelligence optimism and renewed rate-cut hopes drove a broad tech rally. The Nasdaq 100 gained 1.51%, outperforming the S&P 500's 0.61% rise, supported by strong earnings and AI-linked momentum. Tesla, Micron, Carvana, and Wynn all saw significant gains. Mortgage rates fell to 6.3%, improving affordability, while commodities like coffee and cocoa rose on supply concerns.
AI Optimism and Rate-Cut Hopes Drive Nasdaq 100 to 1.51% Gain
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