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business18h ago
Market Rally Revives; Google A Big Winner: Weekly Review
- The stock market rallied, lifting Alphabet and Broadcom as notable winners in the week.
- Alphabet gained as AI chip expectations supported its stock.
- Broadcom also advanced, contributing to the week's leadership.
- The rally came as investors anticipated Fed rate cut hopes and stayed above the 50-day line.
- Tech leadership remained a focus as AI-related optimism supported stock moves.
- The weekly review highlighted continued strength among top performers.
- Investors remained watchful for further AI-driven moves in the market.
- Kohl’s and other retailers were among the weekly movers as part of the broader review.
- The weekly piece serves as a snapshot of top performers and market tone.
- Market sentiment remained constructive with leaders signaling continued momentum.
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