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Wall Street rallies as Nasdaq leads gains on AI stock surge

newsbomb.gr (Greek) — November 11, 2026 at 11:01 PM UTC

Wall Street stocks rose sharply on Wednesday, with the Nasdaq leading gains, as strong earnings from AI company CoreWeave boosted investor sentiment and helped recover recent losses. The S&P 500 gained 1.31% and the Nasdaq rose 1.60%, while the Dow Jones added 0.49%. CoreWeave shares surged 24.7% after reporting better-than-expected results and projecting profitability by the first half of 2028. AI infrastructure stocks and semiconductor companies also rallied, with the Philadelphia SE Semiconductor index jumping 5.7%. Nvidia rebounded after losing approximately $430 billion in market value over two sessions. Investors remain cautious about US inflation data and Federal Reserve monetary policy, while bond markets were closed for the Veterans Day holiday.

With a significance score of 1.2, this news ranks in the top 49% of today's 32173 analyzed articles.

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