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US Stocks Rise on Fed Cut Hopes as Bitcoin Recovery Aids Risk Sentiment
US markets gained on December 2, supported by Fed cut optimism and Bitcoin’s rebound above $90,000, despite ongoing volatility in tech stocks.
Major US indices advanced on December 2, with the Dow and S&P 500 closing higher as optimism grew around potential Federal Reserve rate cuts. Technology stocks continued to display volatility, although seasonal strength supported broader gains. A rebound in Bitcoin above $90,000 added to overall risk appetite in the market.