Stock market today: Nasdaq sees biggest jump since May, S&P 500 soars as Alphabet, Tesla lead tech rally

Group 1 - US stocks experienced a significant surge at the start of the Thanksgiving trading week, with the Nasdaq Composite rising nearly 2.7%, marking its largest daily increase since May [1] - The S&P 500 index advanced over 1.5%, while the Dow Jones Industrial Average increased by nearly 0.5%, indicating a broad market recovery [1] - Analysts suggest that the recent pullback in the AI-driven market rally may be nearing its end, with notable gains in stocks like Nvidia, which rose more than 1.5%, and Tesla, which gained 7% following a positive analyst call [2] Group 2 - Bitcoin showed signs of recovery, hovering above $89,000 after a recent decline to near $80,000, indicating a potential end to its month-long slump [3] - Upcoming economic data releases, including updates on producer prices, retail sales, and consumer confidence, are expected to influence market calculations regarding interest rate cuts [4] - Key earnings reports from companies such as Alibaba, Kohl's, and Best Buy are anticipated as the retail season winds down [4] Group 3 - Trade discussions between US and EU officials are ongoing, with markets closely monitoring the potential impact of President Trump's tariffs and the Supreme Court's ruling on their legality [5]