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AI-Fueled Rally Lifts Wall Street Higher | Bloomberg Open Interest 10/3/2025

Bloomberg•Friday, October 3, 2025 at 9:53:24 PM
PositiveFinancial Markets
AI-Fueled Rally Lifts Wall Street Higher | Bloomberg Open Interest 10/3/2025
Wall Street is experiencing a remarkable rally, marking its sixth consecutive day of gains, largely driven by a surge in AI-related deals. Goldman Sachs' CEO David Solomon predicts a robust acceleration in the US economy next year, fueled by technological advancements. Meanwhile, Fed Governor Stephen Miran discusses the ongoing government shutdown, which is now in its third day. On a different note, Rivian faces scrutiny over safety issues with its vehicle doors, and Snap-On's CEO Nick Pinchuk shares insights on the current labor market. This positive momentum in the market highlights the growing influence of technology on economic recovery.
— Curated by the World Pulse Now AI Editorial System
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