Wall Street: US equities boosted by anticipation of a supersized FOMC rate cut – IG

US equities on Wall Street experienced a boost in anticipation of a significant rate cut by the Federal Open Market Committee (FOMC). This news has excited investors and contributed to the positive performance of US stocks. The FOMC’s decision to potentially implement a supersized rate cut has fueled optimism in the market, leading to increased confidence among traders. This development has been closely watched by market participants, as it could have a significant impact on the direction of the stock market in the coming days. Investors are eagerly awaiting the outcome of the FOMC meeting and are hopeful that the anticipated rate cut will provide a further boost to US equities.