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 flatreuters.com. Futures point higher: on Oct. 16 morning, Dow futures were +0.4% and S&P 500 futures +0.2%economictimes.indiatimes.com. Major banks led the rally (Morgan Stanley +4.7%, Bank of America +4.4%)ts2.tech, and tech/AI stocks powered gains (for example, AMD spiked ~24% in a day, Nvidia ~41% YTD)ts2.tech. Analysts have raised year-end targets – some now see the S&P hitting 6,000–7,000 by 2026ts2.tech. Still, experts