U.S. Stock Market Soars as Fed Hints at More Rate Cuts

The U.S. stock market experienced a surge on Wednesday, with all three major indexes hitting record highs after the Federal Reserve indicated it may soon ease interest rates. The Dow Jones Industrial Average soared over 225 points, marking its biggest single-day gain since late October. Tech stocks saw particularly strong gains, driven by the rise of AI concept stocks and led by AMD’s impressive performance. The cryptocurrency market also witnessed a positive rebound, with Bitcoin exceeding $103,000 and Ethereum recovering to $3,406 following recent volatility.