NEW YORK — The U.S. stock market rallied on Monday, at the start of a week with shortened trading because of the Thanksgiving holiday.

The S&P 500 climbed 1.5 percent for one of its best days since the summer and added to its jump from Friday, finding some strength following a shaky few weeks. The Dow Jones Industrial Average rose 202 points, or 0.4 percent, and the Nasdaq composite jumped 2.7 percent.

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Stocks got a lift from rising hopes that the Federal Reserve will cut its main interest rate again at its next meeting in December, a move that could boost the economy and investment prices.

The market also benefited from strength for stocks caught up in the artificial-intelligence frenzy. Alphabet, which has been getting praise for its newest Gemini AI model, rall

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