Stocks Rebound Ahead of Weekend as Rate Cuts Loom
US stocks surged to close out the week, driven by renewed optimism over potential interest-rate cuts in 2025 and bolstered by declining inflation. The S&P 500 jumped 1%, with tech stocks leading the way. Intel shares rocketed 9.3% after reports suggested the semiconductor giant could be an acquisition target. Other major movers included SLB, which … Read more