Stocks Surge on Rate Cut Hopes, Trade Tensions Loom

Markets Soar to New Highs on Inflation Hope, But Consumer Sentiment Dips! Dive into the October 24th market wrap-up: S&P and Nasdaq smash records, fueled by cooling inflation and rate cut whispers. But, Trump's trade war tantrum and a consumer confidence slump threaten the rally. Find out which chipmakers and car companies are winning big, and why gold is losing its luster. Plus, the latest on interest rates, the government shutdown, and what earnings season reveals about the economy's true health.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.