S&P 500 futures rallied to new all-time highs above 6,725, gaining about 1% for the week on expectations for more rate cuts. Volatility, while still near year-to-date lows, closed higher for the week. The focus for next week will be on upcoming data releases including global PMI and the PCE Index, as well as a speech from the Fed Chair on Tuesday, who is expected to provide further clarity on the economic outlook.
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