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What drove stock market’s record-breaking week? Don’t overlook growing rate-cut expectations
marketwatch.com/story/what-drove-stock-markets-record-breaking-week-dont-overlook-growing-rate-cut-expectations-af1d44cdFriday’s rally in U.S. stocks, which sent the S&P 500 to an intraday record high, was getting help from solidifying expectations of traders around the likelihood of at least three quarter-point rate cuts from the Federal Reserve by year-end.
This story appeared on marketwatch.com, 2025-06-27 17:01:00.