US Stock Indices Rise; S&P 500 Gains 2%, Nasdaq 100 1%
U.S. indices ended higher Wednesday: the S&P 500 rose 2% and the Nasdaq 100 gained 1%.
U.S. stock indices ended higher on Wednesday, with overall tech and chipmaker stocks staging a recovery as traders bet that a Democratic sweep would lead to a slowdown in AI capex and safeguard falling cash flows.The S&P 500 ended Wednesday 2% higher, the Nasdaq 100 rose 1%, and the Dow Jones Indus…