US Stock Market Today: S&P 500 Rises 1.4% on Tech Rebound and Growing Optimism for December Rate Cut
Market gains centered on large tech firms. The S&P 500 climbed about 1.4% in morning trade, and the NASDAQ 100 added close to 2.3%, outperforming the Dow Jones Industrial Average, which rose 0.6%. Futures had already pointed higher after last week’s volatility tied to stretched AI valuations. Analysts said bargain buying and positioning ahead of key data helped stabilize sentiment.