U.S. stocks closed higher Friday, with technology shares like Micron and Nvidia leading the rebound after a rocky week. This surge offset declines in consumer stocks such as Nike, which experienced a significant drop. The market also saw optimism around potential Federal Reserve interest rate cuts and the traditional “Santa Claus rally.”
US Stock Market Today | Live: US stock futures climb as AI shares rally and crude prices ease
Warnings from executives at leading AI companies triggered a selloff last week, but concerns eased on Monday as investors focused on signs that spending on