Fed Official's Rate Cut Hint Boosts Stocks

Stock Market Surges on Fed Rate Cut Hints: New York Federal Reserve President John Williams suggests a potential interest rate cut, sending the market soaring. Stewart Information Services and Bowhead Specialty lead the charge, with Stewart up 4.2% and Bowhead 4%. Investors eagerly await future rate decisions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.