Stock Markets Surge on Fed Rate Cut Hopes
Update: 2025-11-26
Description
Stock markets surged on Tuesday, with the S&P 500 and Dow Jones Industrials climbing by nearly 1% and over 1.4% respectively, driven by new economic data suggesting a more dovish Fed stance. Lower bond yields and weaker economic indicators increased the likelihood of a December rate cut, fueling investor optimism. Despite initial concerns over Meta Platforms potential AI chip spending, the broader economic news overshadowed these worries. With 83% of S&P 500 companies exceeding earnings forecasts, markets will now focus on new economic reports this week for further direction.
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