Strengthening Rate-Cut Expectations Fuel Significant Rally in U.S. Stocks
As of November 30, 2025, U.S. stock markets had rallied sharply, with the Nasdaq Composite Index gaining nearly 5% over the week. This surge was primarily driven by reinforced market expectations for a Federal Reserve rate cut, following comments from several Fed officials, including New York Fed President John Williams, who expressed openness to easing policy "in the near term".
UNITED STATES,ECONOMY
Global N Press
11/30/20251 min read
As of November 30, 2025, U.S. stock markets had rallied sharply, with the Nasdaq Composite Index gaining nearly 5% over the week. This surge was primarily driven by reinforced market expectations for a Federal Reserve rate cut, following comments from several Fed officials, including New York Fed President John Williams, who expressed openness to easing policy "in the near term". A calming of geopolitical tensions in the Middle East further supported the return of risk appetite.
The rally showed signs of broadening, with interest-rate-sensitive small-cap stocks performing well, indicating that potential monetary easing might benefit sectors beyond the dominant large-cap tech stocks. Investors are now focused on upcoming key economic data and a scheduled speech by Fed Chair Powell for further clues on the economic outlook.
