Markets Defy CME, AI Stress in Everything Rally

Wall Street just delivered a sharp lesson on the cost of caution — and not even a rare trading outage was able to break the market’s stride.

After a volatile stretch this month marked by anxiety over speculative excesses and lofty valuations in the artificial intelligence sector, assets of all stripes rebounded with force this week. Stocks, bonds, Bitcoin and commodities staged a coordinated advance, in one of the strongest cross-asset rallies of the year. The move unfolded during the traditionally quiet Thanksgiving week, but the message from investors was anything but muted.