In a rebound from a tech-driven sell-off, stocks surged as investors took advantage of lower prices. The rally was driven by a recovery in technology stocks, a bounce in Bitcoin, and positive U.S. consumer sentiment. Companies benefiting from AI-related capital expenditure, like Nvidia and Broadcom, saw gains of up to 7%. The Dow Jones Industrial Average crossed 50,000 for the first time, highlighting the market’s resilience. Johnson Controls (JCI) saw a significant move, with positive third-quarter results boosting investor confidence in the company’s future profitability. JCI is up 13.3% year-to-date, reaching a new 52-week high.

Read more at StockStory: Albany, Mercury Systems, Methode Electronics, Watts Water Technologies, and Johnson Controls Shares Are Soaring, What You Need To Know