Global stock markets rebounded after two difficult days for tech stocks, driven by speculation around CoreWeave’s debt. The S&P 500 rose 0.33%, the Nasdaq was flat, while the equal-weight S&P gained a solid 1.36%. The Federal Reserve did not signal a rate hike in October, with 85% of market participants now expecting the central bank to hold rates. S&P 500 energy stocks have surged 50% year-to-date, buoyed by AI data center demand and rising oil prices.
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