Fed Rate Cut Hopes Boost Stocks

Federal Reserves hint at December rate cut sparks market rally, boosting stocks of Mirion, MillerKnoll, Concentrix, First Advantage, and HP. John Williams openness to lowering interest rates shifts market expectations, making cheaper borrowing costs more likely, and driving economic activity and stock prices up.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.