The big news on Wednesday was the quarter-point interest cut by the Federal Reserve. While the White House was looking for a half-point cut, the markets don’t seem fazed by the move, primarily because the Fed is likely to cut rates in the final two Fed meetings of 2025. As a result, premarket trading on Thursday showed the S&P 500 futures hitting a record high. More News from Barchart There were 862 calls and 433 puts in yesterday's unusual options activity. The put/call volume ratio of 0.50 is extremel ...