US Markets Rally as AI Enthusiasm Drives Tech Gains

US stocks rebounded on Thursday, led by the Nasdaq's 1.57% gain, fueled by renewed AI trading enthusiasm. Nvidia shares rose nearly 9% following a strong earnings report, adding approximately 3 trillion in market value. Software stocks also surged, with Salesforce achieving its best performance in six years. Despite the tech rally, concerns persist as the 10-year Treasury yield climbed to 4.68% and three Federal Reserve officials signaled that interest rates may remain accommodative, highlighting ongoing inflation risks. Market focus now shifts to the Jacks