Williams-Sonoma Shares Surge on Fed Rate Cut Hopes
Update: 2025-11-21
Description
Williams-Sonomas stock surged nearly four percent today, following hints from a Federal Reserve official about a potential interest rate cut. This optimism, despite recent consumer confidence reports, suggests investors believe lower rates will boost retail sales, benefiting Williams-Sonoma during the holiday season. The stock closed at $177.93, a three point one percent increase, though its still down six percent this year and nineteen percent below its fifty-two-week high.
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