Learning Bull

Wall Street shook off last week’s slump and charged higher Monday, powered by a run in the biggest beneficiaries of artificial intelligence spending. The Dow added roughly 600 points while the S&P 500 rose about 1.6% and the Nasdaq climbed more than 2%, recouping a chunk of Friday’s losses. Gains were broad, but semiconductors did the heavy lifting. Chip euphoria centered on Broadcom after the company unveiled a multiyear collaboration with OpenAI to build and deploy custom AI accelerators and networking gear...

Global stocks rebounded Tuesday after investors stepped back from the rush to safety that gripped markets late last week, even as gold notched a fresh record above $4,000 an ounce. The turn in sentiment came as U.S. and European equity benchmarks advanced and the dollar drifted lower, easing financial conditions and encouraging dip buyers to wade back in. Spot gold briefly topped $4,070, extending a year-to-date surge that has been underpinned by central bank demand, geopolitical jitters, and growing expectations for Federal Reserve rate cuts...