Markets Rally as AI Drives Tech Surge | Miami News

Wall Street surged Thursday as major indexes rallied, fueled by big tech and communication stocks, helping September end on a high note. Oil prices steadied after Iran-U.S. tensions sparked initial spikes, while bond yields dipped, hinting the Fed may pause rate hikes if inflation cools. Snowflake soared on strong AI-driven earnings, though Broadcom’s stock fell despite beating estimates. Jobless claims remain low, with August’s jobs report looming as a key economic barometer. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a68ccdf8a5ecf0c0