POWELL TRIGGERED STOCK BUYING OUTWEIGHS TRUMP POST ON SOYBEANS AND COOKING OIL, WALMART MOVES TO AGENTIC COMMERCE
By Nigam Arora
To gain an edge, this is what you need to know today.
Rate Cut Hopes Win Out
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart shows the stock market drop on Friday on tensions heating up between the U.S. and China and TACO (Trump Always Chickens Out) traders running the stock market back up Monday morning.
- The chart shows Fed Chair Powell’s speech yesterday driving the stock market higher. Fed Chair Powell’s speech indicated the Fed may cut interest rates at the next FOMC meeting.
October 15, 2025