The big news on Wednesday was the Federal Reserve's 0.25% cut in its key federal funds rate to a range of 3.5%-3.75%. Projections suggest only one 0.25% interest rate cut will happen in 2026 due to slowing job growth and persistent inflation. Despite the realization that interest rates aren’t going to get much lower, stocks jumped on the news; the S&P 500 and Nasdaq 100 indexes hit six-week and five-week highs, respectively. More News from Barchart In yesterday’s unusual options activity, the top 25 E ...