WSJ Minute Briefing - U.S. Stocks Rally As Fed Cuts Interest Rates

Investors took Fed Chair Jerome Powell’s comments as more dovish than expected, raising hopes for more rate cuts next year. Plus: EchoStar shares surged after striking a deal with SpaceX. And stock in Amazon advanced after it announced plans to invest $35 billion in India. Danny Lewis hosts.

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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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