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Dow Jones Rallies Amid Bullish Tech Outlook and Trump-Xi Dialogue

Dow Jones Rallies Amid Bullish Tech Outlook and Trump-Xi Dialogue

Author:

Global Cryptocurrency

Published:

2025-11-24 20:12:02

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BTCCSquare news:

The Dow Jones Industrial Average climbed Monday as Wall Street's Optimism around tech and AI stocks overshadowed broader market concerns. Morgan Stanley's Mike Wilson framed recent volatility as a buying opportunity, singling out consumer discretionary, healthcare, and financial sectors. 'Weakness beneath the surface suggests we're nearing the correction's end,' he noted.

HSBC doubled down on the bull thesis, asserting AI's spillover effects beyond tech could sustain momentum regardless of bubble risks. Deutsche Bank projected the technology to fuel U.S. productivity gains by 2026. Meanwhile, a tariff-reducing trade agreement between Presidents TRUMP and Xi Jinping added geopolitical tailwinds, with China's Xinhua confirming fresh diplomatic contact between the leaders.

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