On 22 November 2025, U.S. equities rallied sharply after comments from Federal Reserve policymakers revived expectations of potential rate cuts. The Dow Jones Industrial Average jumped about 1.7% while the S&P 500 gained roughly 1.8%, driven by strong performances in technology and small cap stocks. Anticipated easing in monetary policy boosted risk appetite across sectors, and several earnings beats added further momentum. Investors are now closely watching upcoming economic data and policy signals to assess the timing and scale of the Fed’s next move.