Top banks' rate cut predictions range from zero to five in the coming months.
Traders ramped up bets for additional Fed moves following a cooler core CPI report.
Financial stocks have rallied since Trump won the election and soft-landing hopes have climbed.
The S&P 500 hovers close to where it traded just before election day.
Stocks turned red and Fed rate cuts came under question after the December jobs report.
Without a Santa Rally to kick off the year, stocks tend to stumble out the gate.
Long-term bond yields are hovering near the key psychological level of 5%.
Trump wants interest rates lower while Jerome Powell wants them higher for longer.
The stock hit a record high as its CEO delivered a bullish keynote revealing new Blackwell chips.
The benchmark index would have been flat for two years without Big Tech.
A key technical indicator hovers at levels last seen before the market peaked in 2022.
Analysts see sizable improvements for corporate earnings outside the Magnificent 7.
