Fed Hint at Rate Cut, Stocks Surge

Stocks surged today following a Federal Reserve officials hint at a potential interest rate cut, with the healthcare sector leading the rally. Haemonetics, a medical devices company, saw a significant five percent jump, trading eleven percent below its fifty-two-week high, as investors reacted positively to strong earnings and raised full-year guidance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.