K-SignalAI-generated
US stocks rebound as AI tech rally resumes
US stocks rebounded on Friday, with the tech-heavy NASDAQ climbing 264.42 points, or 1.09 percent, as investors sought bargains after the previous day's sharp sell-off, KBS World reports. The Korea Times adds that AI stocks bounced back Friday, recovering some of their sell-off from the last two days, while the rest of the US market was mixed. Earlier in the week, US stocks had risen Monday, with the S&P 500 climbing 0.3 percent, recovering some of last week's sell-off led by tech and AI industries, and again on Oct. 27, when the S&P 500 rose 0.8 percent amid shaky global trading. The rebound was also supported by news that AI company Anthropic is pursuing an IPO, which boosted sentiment, Business Korea reports. Korean investors reacted positively, with the KOSPI rallying over 2 percent on Nov. 2 and surging above 5,600 on Oct. 27 on AI optimism, while Seoul stocks rebounded over 3 percent on Oct. 21 on eased AI spending woes, Yonhap reports.
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- (URGENT) Seoul stocks rebound over 3 pct on eased AI spending woes


















