David Sacks, White House encryption and AI director: Black Monday is over

Odaily News David Sacks, the White House director of encryption and AI, posted on the X platform that the Black Monday "prank" is over.
Market data showed that U.S. stocks continued to rise, with the Nasdaq's gains expanding to 4%, the Dow Jones Industrial Average up 3.6%, and the S&P 500 up 3.7%.