Global Markets Rally as Stocks Hit New Highs Post-Fed Rate Cut
U.S. stock futures saw marginal gains as the S&P 500 and Nasdaq Composite reached record highs in a postelection rally, buoyed by a Federal Reserve interest rate cut. The S&P 500 and Dow Jones futures rose slightly, while Nasdaq 100 futures increased by 0.14%. The rally follows President-elect Donald Trump's victory, with investors optimistic about potential deregulation and tax cuts under a Republican-controlled government, despite concerns over inflation and tariffs. The Fed's rate cut aligns with market expectations, but future cuts remain uncertain.