S&P 500 rips higher, Nasdaq posts best day since May as Alphabet reignites AI trade

Stocks extending Friday's bounce with all the major averages closing higher. NASDAQ the standout up nearly 3% posting its best day since May. Doubish word from Fed Governor Chris Waller and Fed President uh Mary Daly in San Francisco gooing the bullish narrative today.The move higher driven by a reawakening of the AI trade. Big moves from Alphabet, Broadcom, Palanteer and AMD. Broadcom alone jumping more than 10%.Staples and energy were the big lagards though. Yields mostly steady with the 10-year and the t ...