U.S. equities rebounded on Friday, driven by optimism for nuclear energy and electric vehicles.

Energy Stocks Surge

The surge in energy stocks was fueled by the increasing demand for electricity to support artificial intelligence data centers. Companies like Vistra, NRG Energy, and Constellation Energy experienced significant gains.

Electric Vehicle Market Recovery

Tesla's stock saw a recovery, benefiting the overall electric vehicle market. Rivian Automotive also reported higher production numbers than expected, boosting investor confidence in the EV sector. Traditional automakers Ford Motor and General Motors experienced stock gains, signaling a strong recovery in the automotive market.

Setbacks in the Steel Industry

U.S. Steel faced setbacks after President Joe Biden blocked Nippon Steel's acquisition of the company due to national security concerns. This decision raised questions about the steel industry and foreign investments in U.S. companies.

Decline in Alcohol Stocks

Alcohol stocks declined following health warnings from the U.S. Surgeon General, highlighting the potential long-term implications for the industry.

Commodities Market and Currency Shifts

In the commodities market, oil futures showed volatility, while gold prices declined. The U.S. dollar weakened against major currencies, indicating potential shifts in global economic dynamics.

Resilience of the Cryptocurrency Market

The cryptocurrency market remained resilient, reflecting growing interest in digital assets.