S&P 500 Continues Uptrend - Tech Stocks Drive Recovery - Bitcoin Bounces Back - Oil on the Decline, Gold Benefits from Fed Expectations - Dax on the Rise: Strong Weekly Close on Black Friday - Vuzix Scores Multi-Million Order for AI Smart Glasses - Alibaba Targets Next Hardware Market - Baidu Lays Off Thousands
Reading Time: 10 minutes
The S&P 500 (+0.47 %) continues its largest weekly gain since June despite a technical glitch at the Chicago Mercantile Exchange (CME) . The Nasdaq 100 (+0.21 %) also rises, driven by strong tech stocks such as Amazon (+0.89 %) and others, as Black Friday shopping is in full swing. This upswing follows a turbulent phase in early November, during which the US benchmark index briefly fell by up to 4.7 %, triggered by concerns over inflated technology valuations. The current recovery is significantly fueled by expectations of quicker interest...
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