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"Everything Rally" As Futures Rebound From Post-Fed Selloff; Yields And Oil Drop

"Everything Rally" As Futures Rebound From Post-Fed Selloff; Yields And Oil Drop Stocks look set to recover from Wednesday afternoon’s selloff asmarkets digest the rate hike from the Federal Reserve with Warsh (in retrospect) calming markets with a rate hike and tough talk on curbing inflation. A second day of dropping oil prices (no overnight news from Iran is helping) is also helping. Meanwhile, the debate around AI pacing and safety is rumbling on. As of 8:00am ET, S&P 500 futures are up 0.8% with Nasdaq 100 contracts +1% as tech leads with Mag7, semis, memory,...
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