Wall Street Extends Gains Midday on Rate Cut Hopes, Tech and Retail Drive Momentum
U.S. stock markets are extending their winning streak into Wednesday's midday trading, buoyed by growing optimism for a potential interest rate cut by the Federal Reserve in December. All three major indexes are posting gains, building on strong performances earlier in the holiday-shortened week. Investors are closely watching a mix of corporate earnings, economic data, and the impending Thanksgiving holiday, which will see markets closed on Thursday and an early close on Friday.Major Indexes Show Midday St ...