Wall Street coasts to the finish of its best week in the last 5

Market Overview - U.S. stocks are near record levels, with the S&P 500 down less than 0.1% from its all-time high, the Dow Jones Industrial Average falling 273 points (0.6%), and the Nasdaq composite increasing by 0.4% [1] Federal Reserve Expectations - There are rising expectations that the Federal Reserve will cut its main interest rate for the first time this year, which could stimulate the economy and has already led to a drop in mortgage rates [2] - Recent reports suggest the U.S. job market may be stabilizing, which could convince the Fed to provide support without triggering a recession or runaway inflation [3] Inflation Outlook - Investors and analysts believe inflation is not on the verge of a surge, with a University of Michigan survey indicating consumer expectations for inflation remain steady at 4.8% for the upcoming year [5] - Long-term inflation expectations have increased slightly but remain below levels seen in April when tariffs were announced [6] Company Performance - RH (Restoration Hardware) shares fell 4.6% after reporting profits and revenues below analysts' expectations and lowering its revenue forecast due to tariff uncertainty and a weak housing market [7] - Oracle's stock dropped 5.1%, becoming the largest detractor from the S&P 500 index, although it had previously surged due to excitement over its multibillion-dollar AI contracts [7]