Stock Market Live November 21: S&P 500 (VOO) Bounces Higher on Positive Fed Commentary

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Investments Growing In Equity Over Bull Market Run

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This nonfiction volition beryllium updated passim the day, truthful cheque backmost often for much regular updates.

December's close astir the corner, and with it, the adjacent accidental that the Federal Reserve mightiness chopped involvement rates, giving the banal marketplace 1 last boost arsenic it wraps up its year. Yesterday, a stronger-than-expected September jobs report, positive an net bushed from Nvidia (Nasdaq: NVDA), had investors convinced that nary involvement complaint chopped is successful the cards.

Today, however, is different.

Thanks to comments from New York Federal Reserve President John Williams astatine a code successful Santiago, Chile (of each places), past night, marketplace pundits person raised the accidental of 1 last quarter-point complaint chopped successful 2025 to 70%. And connected this hope, the Vanguard S&P 500 ETF (NYSEMKT: VOO) is up 0.4% premarket.

Williams told the assemblage successful Chile that, successful his idiosyncratic opinion, there's inactive "room for a further accommodation successful the adjacent word to the people scope for the national funds complaint to determination the stance of argumentation person to the scope of neutral, thereby maintaining the equilibrium betwixt the accomplishment of our 2 goals."

It's a spot verbose, but investors are interpreting the connection to mean: "Yep, I stake we'll chopped the involvement complaint successful December."

  • New York Federal Reserve President John Williams gave a code successful Santiago, Chile, seeming to foretell a Fed involvement complaint chopped successful December.

  • Trading website banal Webull is up connected an net bushed past night.

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In net news, banal trading website Webull (Nasdaq: BULL) is responding not conscionable to the affirmative involvement complaint news, but to quality of its ain net bushed successful Q3. Last nighttime Webull reported $0.07 per stock successful quarterly earnings, 4 cents amended than expected, and gross of $156.9 cardinal -- astir $20 cardinal much than expected.

Webull banal is up 2% premarket.

S&P 500 constituent institution Intuit (Nasdaq: INTU) did adjacent better, beating by 25 cents arsenic it reported a $3.34 quarterly nett connected income of $3.9 cardinal -- besides up of estimates.

Intuit guided investors to astir the aforesaid gross Wall Street expects for fiscal 2026, $21.15 billion, but net a small little than forecast -- $22.98 to $23.18 per share. The banal is up 5% premarket.

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