Stocks Surge on Rate Cut Hopes: Market Movers & Shakers

Wall Street surged on September 11th fueled by promising economic data hinting at a potential Federal Reserve rate cut, with the S&P 500 and Nasdaq hitting record highs. Centene and Micron Technology thrived on positive outlooks and strong demand, while Opendoor Technologies jumped after a leadership shakeup. Oxford Industries exceeded expectations, but Oracle stumbled after a previous rally. Netflix dipped on executive departure, while oil, gold, and the dollar weakened. Cryptocurrencies rallied as investors await the Fed's decision. Hosted on Acast. See acast.com/privacy for more information.