Market Rally Fueled by Rate Cut Hopes

Markets surge on rate cut hopes! The S&P 500, Dow, and Nasdaq all jumped after hints of upcoming Federal Reserve interest rate cuts. Solar, homebuilding, travel, and crypto stocks soared, anticipating cheaper financing and increased consumer spending. But Intuit stumbled on slowing demand, and CSX and Workday faced headwinds despite positive results. Get the full breakdown of winners and losers in today's market update. Hosted on Acast. See acast.com/privacy for more information.