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Stock market today: S&P 500 notches 5-day streak of gains ahead of next week's Fed meeting

Summary by Business Insider
Xinhua/Wang Ying/ Getty ImagesUS stocks surged as investors anticipate a significant Federal Reserve rate cut next week.The S&P 500, Nasdaq 100, and Dow Jones all posted gains amid rate cut speculation.Odds of a 50 basis point cut rose sharply this week from about 30% to 49%.US stocks jumped on Friday as investors assessed look ahead to a likely rate cut from the Federal Reserve next week.The S&P 500 and Nasdaq 100 notched a five-day win streak,…
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