US markets today: Nasdaq jumps nearly 2% as Alphabet leads AI rally; rate-cut hopes steady Wall Street

Nov 24, 2025 - 21:30
US markets today: Nasdaq jumps nearly 2% as Alphabet leads AI rally; rate-cut hopes steady Wall Street

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US stocks opened higher on Monday, with the S&P 500, Dow Jones, and Nasdaq all advancing. This positive sentiment is driven by expectations of a December Federal Reserve rate cut, overshadowing a setback for Novo Nordisk's Alzheimer's drug. Investors are now focusing on consumer strength entering the holiday season.

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