Wall Street Rally, Small Caps Rocket On Fed Dovish Remarks: What's Moving Markets Friday?
1. Wall Street rebounded following dovish Fed comments, increasing rate cut expectations. 2. Probability of a December rate cut surged to 70%, boosting stock market confidence. 3. All S&P 500 sectors rose, with consumer discretionary and materials leading gains. 4. Homebuilders like D.R. Horton saw significant stock appreciation amid lower rates. 5. Treasury yields dropped to 4.05%, influencing investor behavior toward riskier assets.