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Markets today: Stocks rally as confidence in Fed wagers grows

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Stocks advanced, with the S&P 500 poised to extend last week’s rally, as traders grew increasingly confident in the likelihood that the U.S. Federal Reserve will cut interest rates this year.

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Markets today: U.S. stocks bulls back in charge as jobs fuel Fed betsStocks notched their biggest advance since February as a slowdown in U.S. jobs sent bond yields sliding, with traders reviving bets on Federal Reserve rate cuts this year.
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Markets today: Stocks fall with bonds as U.S. CPI curbs Fed-pivot betsStock futures joined losses in bonds as hotter-than-estimated inflation data bolstered speculation the U.S. Federal Reserve will be in no rush to cut interest rates.
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