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U.S. stocks rebounded Wednesday after a brief pause, with the S&P 500 nearing an all-time high. The surge is driven by continued enthusiasm for artificial intelligence, with AI-focused companies like Poet Technologies and Dell Technologies posting significant gains. However, the Bank of England cautioned about the risks of a "sudden correction" in stretched tech valuations, drawing parallels to the dot-com bubble. Meanwhile, gold prices continued to climb, surpassing $4,000 per ounce, fueled by inflation concerns and global instability.

Prepared by Christopher Adams and reviewed by editorial team.