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AI Optimism and Rate Cut Hopes Propel Markets to Record Highs Amid Government Shutdown
Stock Market News·2025-10-03 00:07

The U.S. stock market is experiencing an extraordinary period, with major indices extending their impressive rally and shattering previous records on Thursday, October 2, 2025. This remarkable surge is primarily fueled by an insatiable appetite for artificial intelligence (AI) innovation and growing expectations of further interest rate cuts by the Federal Reserve. This bullish sentiment has largely overshadowed concerns arising from an ongoing U.S. government shutdown, painting a picture of a resilient mar ...