Wall Street indexes jump as rate cut bets increase but post losses for week

Wall Street indexes jump as rate cut bets increase but post losses for week

By Caroline Valetkevitch

Fri November 21, 2025 5:32 PM

After two days of serious pullbacks, the market had quite a rally today when sentiment regarding a December rate cut changed drastically when the NY Fed Prez stated that rates could be cut without hurting inflation. Even though this was counteracted by Boston Fed Prez stating skepticism about the need for a cut, investors still reacted with great enthusiasm with the odds for a December cut in one day suddenly doubling from 39% to 72%. Though the day saw solid gains, because of the big drawdowns of the past few days, all the indexes were down for the week anywhere from 2 to 2.7%. Volume came in at 21 billion, a bit above the 20 billion average. 

DJ: 45,752.26  -386.51         NAS: 22,078.05  -486.18         S&P: 6,538.76  -103.40        11/20

DJ: 46,245.41  +493.15        NAS: 22,273.08  +195.04        S&P: 6,602.99  +64.23         11/21

Fri 11-21-25 5:32 pm Wall Street indexes jump as rate cut bets increase but post losses for week | Reuters