{"id":311566,"date":"2025-11-24T21:55:08","date_gmt":"2025-11-24T21:55:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/311566\/"},"modified":"2025-11-24T21:55:08","modified_gmt":"2025-11-24T21:55:08","slug":"nasdaq-rises-nearly-2-google-gains-chip-stocks-rally-live-updates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/311566\/","title":{"rendered":"Nasdaq Rises Nearly 2%; Google Gains; Chip Stocks Rally \u2014 Live Updates"},"content":{"rendered":"<p class=\"e141zjhk0 css-18f125c-FormattedText\">Chip stocks and other big technology shares rallied Monday, extending <a href=\"https:\/\/www.wsj.com\/livecoverage\/stock-market-today-dow-sp-500-nasdaq-11-21-2025\" rel=\"nofollow noopener\" target=\"_blank\">Friday&#8217;s gains<\/a> and suggesting fears of an AI bubble are receding.<\/p>\n<p class=\"e141zjhk0 css-18f125c-FormattedText\">The S&amp;P 500 rose 1.5%, adding to gains after President Trump posted on social media that he had held &#8220;a very good <a href=\"https:\/\/www.wsj.com\/world\/china\/chinas-xi-calls-trump-in-unusual-move-to-discuss-ukraine-taiwan-add503b3\" rel=\"nofollow noopener\" target=\"_blank\">telephone call with President Xi<\/a>&#8221; and planned to visit the Chinese leader in Beijing in April.<\/p>\n<p class=\"e141zjhk0 css-18f125c-FormattedText\">Revived hopes that the Federal Reserve will cut interest rates next month also bolstered markets.<\/p>\n<p class=\"e141zjhk0 css-18f125c-FormattedText\">The chance of a December rate reduction went above 80% on Monday, according to interest-rate futures prices tracked by CME, up from 71% on Friday and 42% a week ago.<\/p>\n<p class=\"e141zjhk0 css-18f125c-FormattedText\">Overseas, <a href=\"https:\/\/www.wsj.com\/livecoverage\/stock-market-today-dow-sp-500-nasdaq-11-24-2025\/card\/european-defense-stocks-fall-after-u-s-hails-ukraine-peace-deal-progress-LLgUnwmkwcUM7oURyLpu\" rel=\"nofollow noopener\" target=\"_blank\">European defense stocks fell<\/a> after the White House hailed progress following peace talks with Ukraine on Sunday. European natural-gas futures also dropped.<\/p>\n<p class=\"e141zjhk0 css-1k4arcj-FormattedText\"><a href=\"https:\/\/www.wsj.com\/market-data\/quotes\/crypto\/BTCUSD\" rel=\"nofollow noopener\" target=\"_blank\">Bitcoin<\/a> traded at about $89,000. Last week, the cryptocurrency had its worst weekly loss since February.<\/p>\n<p class=\"e141zjhk0 css-1r36kfg-FormattedText\">In Asia, Alibaba shares rallied, bolstering Hong Kong&#8217;s Hang Seng Index. Japanese markets were shut for a holiday.<\/p>\n<p class=\"e141zjhk0 css-18f125c-FormattedText\">\ud83d\udce7 Get smarter about markets with our free weekday <a href=\"https:\/\/www.wsj.com\/newsletters\/markets-am\" rel=\"nofollow noopener\" target=\"_blank\">morning<\/a> and <a href=\"https:\/\/www.wsj.com\/newsletters\/markets-pm\" rel=\"nofollow noopener\" target=\"_blank\">evening<\/a> newsletters.<\/p>\n","protected":false},"excerpt":{"rendered":"Chip stocks and other big technology shares rallied Monday, extending Friday&#8217;s gains and suggesting fears of an AI&hellip;\n","protected":false},"author":2,"featured_media":38335,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,31343],"class_list":["post-311566","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-risk-compliance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/311566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=311566"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/311566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/38335"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=311566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=311566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=311566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}