Cointime reports: The Nasdaq 100 rose 2.28% on November 12, recovering all losses since the US midterm elections, after investor enthusiasm for AI trades reignited. The index climbed more than 3% intraday to its highest level since November 4. The rally followed better-than-expected CoreWeave earnings, strong demand for Anthropic’s IPO, and solid OpenAI quarterly results. The Nasdaq Composite gained 1.6%, the S&P 500 rose 1.31% and the Dow added 0.49%.
Nasdaq 100 Rises 2.28% as AI Trading Enthusiasm Returns
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