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Story summary
- Federal Reserve raised rates for the first time since 2023, pushing the Cboe gauge to 15.4.
- U.S. traders lifted the Nasdaq-100 to its best day in six weeks.
- Options traders bought roughly 1.3 million Intel contracts, spending $320 million, three times the monthly average.
- Intel’s 115-strike call expiring Oct. 2 was most popular, needing a 7.7% rise.
- AI movement leaders warned of doomsday outcomes without regulation.