Global Markets Rise Despite Concerns Over Potential AI Bubble

2025-11-24 09:30

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Global Markets Rise Despite Concerns Over Potential AI Bubble

By Dow Jones Newswires StaffShareResizeListen(2 min)U.S. stocks closed higher Friday after a Fed official said that another near-term rate cut could be warranted. Kylie Cooper/ReutersU.S. stock future...

Dow Jones Newswires Staff

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The carved sign for the New York Stock Exchange is visible above its entrance, with a "Wall St" sign hanging nearby.

U.S. stocks closed higher Friday after a Fed official said that another near-term rate cut could be warranted. Kylie Cooper/Reuters

U.S. stock futures rose at the start of Thanksgiving week following last week’s volatile trading and international markets were mostly higher. U.S. stocks closed up Friday after New York Fed President John Williams said that another near-term rate cut could be warranted, although all of the major indexes were lower on week amid persistent concerns about a potential bubble in artificial-intelligence stocks.

Another batch of retailers report this week, while on Tuesday Alibaba, Dell, Workday and HP all have earnings. The stock market will be closed Thursday for the Thanksgiving holiday and will have a short session on Friday.