Derived from Bpaynews, U.S. major indices rose for the fourth straight session as AI-driven megacaps led the rally, with Alphabet, AMD, and Nvidia seeing strong gains. Bitcoin rebounded to $90,000, up 12% from its recent low. Meanwhile, Canada announced approximately $500 million in support for its steel and lumber sectors in response to U.S. tariffs, highlighting ongoing trade tensions. Institutional access to Bitcoin derivatives also improved as IBIT options trading capacity was increased to one million contracts.
U.S. Indices Rise for Fourth Consecutive Session Amid Tech Rally and Bitcoin Rebound
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