Dow Rallies After Fed Official Signals a Possible Rate Cut
WSJ Minute Briefing
The Wall Street Journal
4.1 • 671 Ratings
🗓️ 21 November 2025
⏱️ 2 minutes
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| 0:00.0 | Why are businesses like HelloVet choosing Apple products and services? |
| 0:04.8 | So we started the business two years ago. |
| 0:07.2 | We had a few people who were used to PCs and this was their first foray into Macs. |
| 0:12.5 | But it's been super smooth getting everyone onto those devices and everyone seems really, really happy. |
| 0:18.0 | Find out how Mac can help you run and grow your business at apple.com forward slash |
| 0:23.6 | HelloVet. |
| 0:29.3 | Here's your closing bell brief for Friday, November 21st. |
| 0:33.3 | I'm Catherine Sullivan for the Wall Street Journal. |
| 0:36.2 | US stocks finished higher today, snapping |
| 0:38.7 | back after sharp declines earlier in the week. The Dow led the charge, gaining 493 points or 1.1 |
| 0:46.0 | percent, as hopes for a near-term interest rate cut buoyed investor sentiment. The S&P 500 and |
| 0:52.2 | NASDAQ also rose by nearly one percentage point each. |
| 0:56.0 | The overall rally was triggered by comments from a Federal Reserve official suggesting the case for December rate cut is strengthening. |
| 1:03.0 | Global chip stocks sold off, echoing earlier U.S. declines. |
| 1:07.0 | Among individual companies, drug maker Eli Lilly saw its shares climb 1.6 percent, becoming the first pharmaceutical company ever to hit a $1 trillion market capitalization on the strength of booming demand for its weight loss drugs. |
| 1:22.4 | Into its stock rallied 4 percent after the financial technology company's quarterly results topped forecasts, |
| 1:28.8 | boosted by artificial intelligence demand from mid-sized businesses. Shares of clothing retailer |
| 1:34.2 | gap jumped 8% after raising its annual guidance following same store sales growth across its |
| 1:39.7 | gap, Old Navy, and Banana Republic brands. And discount retailer raw stores posted an 8% stock gain after reporting stronger than expected |
| 1:49.0 | results and raising its full year guidance. |
| 1:52.1 | Heads up, an artificial intelligence tool helped us make this episode by creating |
| 1:56.2 | summaries that were based on WSJ reporting and then reviewed and adapted by an editor. |
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