Highlights
Stocks gained Wednesday as the AI trade rebounded following Tuesday’s rout amid well-received quarterly results from CoreWeave, the cloud computing company. Reports suggesting robust demand for the Anthropic IPO added to the bullish mood.
The Dow Jones industrial average firmed 0.5 percent, the S&P 500 gained 1.3 percent and the Nasdaq was up 1.6 percent. US Treasuries did not trade and the news flow was thin on the Veterans Day holiday. The dollar and oil prices advanced.
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