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US markets today: Wall Street extends gains as rate-cut hopes rise; tech stocks lead early rally
The Times Of Indiaยท2025-11-26 15:10

Market Overview - US stocks experienced gains, with the S&P 500 rising 0.5%, the Dow Jones Industrial Average increasing by 227 points, and the Nasdaq advancing 0.7% as traders anticipate a Federal Reserve rate cut in December [5][4] - The S&P 500 has seen three consecutive sessions of gains, indicating a positive market trend [5][4] Sector Performance - Technology stocks led the market rally, with Dell Technologies increasing by 2.3% due to record demand for its artificial intelligence servers, and Nvidia, the most valuable company, rising by 2.5% [5][4] - Retailer Urban Outfitters surged by 11.7% after reporting earnings that exceeded Wall Street forecasts [5][4] - Conversely, Deere & Co. saw a decline of nearly 4% after issuing a negative outlook attributed to tariff pressures [5][4] Bond Market - In the bond market, the yield on the 10-year Treasury rose to 4.03%, while the 2-year yield increased to 3.49% [5][4] Global Market Trends - Global markets showed broad gains, with Germany's DAX up by 0.7%, France's CAC 40 rising by 0.6%, and Japan's Nikkei 225 jumping by 1.9%, driven by major exporters and technology stocks [5][4]