US stocks rose on Monday as investors looked ahead at the Fed's next rate move.
Investors are pricing in a nearly 30% chance the Fed could cut rates by March.
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AdvertisementUS stocks rose on Monday as investors assessed the outlook for interest rates into 2024, kicking off the short trading week on a positive note.
Traders have raised their expectations for the Fed to cut rates sometime early next year, thanks to inflation running at a below-expected 3.2% yearly pace in October.
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