Stocks Surge on Trade Optimism and Fed Cut Hopes – Is a New Bull Run Brewing?
Key facts: U.S. stock indexes jumped in mid-October as trade-war fears eased and Fed officials signaled more rate cuts. The S&P 500 closed near 6,671 (up ~0.4%) and the Nasdaq around 22,670 (+0.7%), while the Dow was roughly flat Reuters. Futures point higher: on Oct. 16 morning, Dow futures were +0.4% and S&P 500 futures +0.2% Indiatimes. Major banks led…