Market Performance - US stock markets collectively rose, with the three major indices experiencing gains for the third consecutive trading day. The S&P 500 index increased by nearly 1%, while the Dow Jones Industrial Average rose over 1% [1][5] - Specific index performances included: Dow Jones at 47112.45 (+664.18, +1.43%), S&P 500 at 6765.88 (+60.76, +0.91%), and Nasdaq at 23025.59 (+153.58, +0.67%) [2][5] Federal Reserve Developments - The final interviews for the new Federal Reserve Chair candidates are expected to conclude soon, with Kevin Hassett being viewed as the frontrunner for the position [8][9] - Federal Reserve Governor Milan stated that the US economy requires significant interest rate cuts, indicating that current monetary policy is hindering economic growth and contributing to rising unemployment [3][15] - Financial markets anticipate a 25 basis point rate cut during the Federal Reserve's meeting on December 9-10, which would lower the federal funds rate target range from 3.75% to 4% [15] Technology Sector Insights - Nvidia claimed its technology remains "a generation ahead of the industry," asserting it is the only platform capable of running all AI models across various computing scenarios [4][5] - Nvidia's stock faced a significant drop of over 7% before recovering slightly, closing down approximately 2.6%, marking a two-month low in market value [6] International Relations - Reports indicate that Ukraine has tentatively agreed to a peace agreement proposed by the US, although some terms are still under discussion [11][10] - The US and Ukrainian delegations have reached consensus on core terms of the peace agreement, with expectations for Ukrainian President Zelensky to visit the US soon to finalize the deal [11]