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Market Rally Ignites Amid Hopes of Rate Cut
ByAinvest
Friday, Nov 21, 2025 5:57 pm ET1min read
eHealth and Revolve shares surged after Federal Reserve comments boosted hopes for an interest rate cut. New York Fed President John Williams stated there's room for a further adjustment in the near term, increasing the probability of a rate cut at the December meeting. This positive sentiment provided relief to markets amid concerns over high valuations, particularly in AI-related stocks. Revolve's shares are extremely volatile and have had 31 moves greater than 5% over the last year.
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