Session wrap

Fed cuts rates, injects liquidity! SEDG, MEC, SXI, RKLB, ULH jump 7-9%. Traders eye AI valuations.

AAP jumps 7.2% on Fed rate cut, but competitor AutoZone's margin compression sparks sector concerns.

WAL jumps 4.2% on Fed rate cut & balance sheet expansion; 5-yr return 50%, near 52-wk high.

Nikkei 225 futures show mixed action, with Dec '25 up 10 pts. Traders eye volume shifts & open interest drop.

Japan Inc. eyes China ties & US trade policy risks; 40% forecast earnings growth, chip demand strong.

Bond yields jump to 4.2% despite Fed rate cut bets; inflation & new Fed Chair fears spook traders.

Fed cuts rates to 3.5%-3.75%, but future moves are data-dependent. Markets price 22% chance of Jan cut. Divided views on inflation vs. jobs.