US stock markets rally on renewed hopes of Fed rate cut

US stocks jump as Fed signals potential rate cut, boosting investor sentiment and market momentum.

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US stock markets rally on renewed hopes of Fed rate cut

US stock markets rally on renewed hopes of Fed rate cut
US equities surged Friday following comments from Federal Reserve President John Williams that a rate cut might be on the table, pushing the three major indexes significantly higher. Although the week ended with overall losses, this late rally signalled shifting investor expectations regarding monetary policy. Treasury yields fell and the dollar dipped, while cryptocurrencies pared losses on renewed optimism about easing financial conditions. 
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