US markets today: Wall Street extends gains as rate-cut hopes rise; tech stocks lead early rally

US stocks climbed on Wednesday, with the S&P 500, Dow Jones, and Nasdaq all seeing gains. Traders are anticipating an 83% chance of a Federal Reserve rate cut in December, fueled by recent official comments. Technology stocks, including Dell and Nvidia, led the rally, while Urban Outfitters also surged on strong earnings.

US markets today: Wall Street extends gains as rate-cut hopes rise; tech stocks lead early rally
US stocks climbed on Wednesday, with the S&P 500, Dow Jones, and Nasdaq all seeing gains. Traders are anticipating an 83% chance of a Federal Reserve rate cut in December, fueled by recent official comments. Technology stocks, including Dell and Nvidia, led the rally, while Urban Outfitters also surged on strong earnings.