Fed Official's Remarks Spark Stock Rally, Bright Horizons Surges

Stocks surged in afternoon trading, driven by Federal Reserve President John Williams comments suggesting a potential interest rate cut. This news, along with positive reactions from individual stocks like Bright Horizons, brought relief to investors concerned about high valuations, particularly in the AI sector.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.