The U.S. stock market enjoyed an upbeat session, with the S&P 500 and Nasdaq Composite opening significantly higher on renewed investor optimism that a rate cut by Federal Reserve may be imminent. The rally was buoyed by broad market confidence as economic signals and sentiment hinted at potential easing of monetary policy.
The day’s spotlight stock, Netflix, opened with a drop of more than 4%, reflecting concern over debt linked to its acquisition plans for Warner Bros. Discovery. However, the share later pared those losses and ended modestly up. Meanwhile, Warner Bros. Discovery stock rose over 3% as the acquisition news reverberated through the market.
Beyond the headline movers, other major tech and growth names — including companies like Nvidia, Microsoft, Apple, Alphabet, Tesla and Meta Platforms — saw mixed but generally positive trading.
Overall, the market’s mood remains cautiously optimistic — driven by interest-rate expectations and major corporate headlines — though investor attention will likely stay fixed on upcoming inflation data, central-bank signals, and earnings reports.