The US dollar weakened and Treasury yields declined as traders increased bets on a Federal Reserve rate cut in December, with the probability now at approximately 80%. Recent dovish comments from Fed officials have fueled these expectations. In the tech sector, reports that Google and Meta may shift major workloads to custom Tensor Processing Units impacted AI chip stocks, with Alphabet and Broadcom shares rising, while Nvidia and AMD saw declines. Bitcoin also fell to $87,372, reflecting reduced risk appetite in digital assets.