US Stocks Rise on Fed Cut Hopes as Bitcoin Recovery Aids Risk Sentiment

US markets gained on December 2, supported by Fed cut optimism and Bitcoin’s rebound above $90,000, despite ongoing volatility in tech stocks.

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US Stocks Rise on Fed Cut Hopes as Bitcoin Recovery Aids Risk Sentiment

US Stocks Rise on Fed Cut Hopes as Bitcoin Recovery Aids Risk Sentiment
Major US indices advanced on December 2, with the Dow and S&P 500 closing higher as optimism grew around potential Federal Reserve rate cuts. Technology stocks continued to display volatility, although seasonal strength supported broader gains. A rebound in Bitcoin above $90,000 added to overall risk appetite in the market.
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