Rate cut hopes may bolster U.S. stocks as investors await earnings, elections

Investors late on Tuesday were factoring in an over 70% chance that the Fed will cut rates in September, compared with roughly 50% a month ago; stocks have typically risen in the six- to 12-month period following the U.S. central bank’s first rate cut, as long as the economy avoids a recession

from Business News Today, Latest Finance News | The Hindu