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S&P 500 rises as AI trade attempts comeback led by Alphabet: Live updates
Stocks rose on Monday, led by Alphabet, as the market seeks to rebound into the Thanksgiving holiday week after a slide that's knocked the air out of this year's artificial intelligence bull run.
The S&P 500 gained 1%, while the Nasdaq Composite advanced 1.8%. The Dow Jones Industrial Average traded up 105 points, or 0.2%. The stock market is closed on Thursday for Thanksgiving Day, and it shuts down early at 1 p.m. ET on Friday.
Shares of Alphabet saw a boost Monday as investors grew optimistic about the company's standing in the artificial intelligence race. Google last week announced its upgraded AI model, Gemini 3, a move that comes nearly eight months following its unveiling of Gemini 2.5. The stock was last up 5%.
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