Microsoft leads a rally on Wall Street, while worries about inflation remain in the bond market
U.S. stocks are rebounding after Microsoft leaped on hopes that its big spending on AI is yielding profits, while computer-chip companies clawed back some of their sharp recent losses. The S&P 500 rallied 1.3% Thursday and recovered two-thirds of its drop from the prior day. The Dow Jones Industrial
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NEW YORK (AP) — U.S. stocks are rebounding Thursday after Microsoft leaped on hopes that its big spending on AI is translating into profits, while computer-chip companies clawed back some of their sharp recent losses. The S&P 500 rallied 1.3% and rec... [2526 chars]
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