Stocks Surge on Rate Cut Hopes: Market Movers & Shakers
Update: 2025-09-11
Description
Wall Street surged on September 11th fueled by promising economic data hinting at a potential Federal Reserve rate cut, with the S&P 500 and Nasdaq hitting record highs. Centene and Micron Technology thrived on positive outlooks and strong demand, while Opendoor Technologies jumped after a leadership shakeup. Oxford Industries exceeded expectations, but Oracle stumbled after a previous rally. Netflix dipped on executive departure, while oil, gold, and the dollar weakened. Cryptocurrencies rallied as investors await the Fed's decision.
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