Wall Street rose on Wednesday, with investor optimism lifted by strong bank and corporate earnings alongside growing expectations for further Federal Reserve rate cuts — keeping trade concerns sidelined for now.
Fed Chair Jerome Powell reaffirmed a dovish stance, fueling hopes for a real estate rebound as mortgage rates remain elevated and housing activity stays near post-2008 lows.
The financial markets are currently flashing a near 100% probability of a Federal Reserve interest rate cut at the upcoming October 28-29 Federal Open Market Committee (FOMC) meeting. This overwhelming market conviction, largely driven by a softening labor market, the Fed's recent pivot towards an easing monetary policy, and persistent,
Tech and AI-related stocks continued to propel Wall Street to new record highs Monday, with Advanced Micro Devices Inc. (NASDAQ:AMD) surging nearly 30% after unveiling a landmark investment in OpenAI.
The consumer discretionary sector is underperforming due to stock concentration in Tesla and Amazon, but smaller companies in the sector are quietly delivering steady gains.
New York, NY – October 1, 2025 – The U.S. financial markets were jolted today by a significantly weaker-than-expected ADP National Employment Report for September, which revealed a contraction in private sector payrolls. The surprising data immediately triggered a defensive shift among investors, sending U.S. Treasury yields plummeting as bond
