Stocks Soar: Inflation Tamed, Rate Cuts Loom

Stocks soared to record highs on October 25th after inflation data came in lower than expected! The S&P 500, Dow, and Nasdaq all surged, fueled by hopes of Federal Reserve interest rate cuts. While the White House warns of reporting delays, experts see signs of a cooling labor market and are optimistic about the stock market's future, though caution remains.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.