Market Rally Pauses After Four Days of Gains

Core Points - The stock market's rally paused after four consecutive days of gains as Wall Street reassessed predictions regarding interest-rate cuts [1][2] - The S&P 500 ended the day flat, while the Dow decreased by 0.2% (74 points), breaking its four-day winning streak; the Nasdaq saw a slight increase of 0.6% [2] - Federal Reserve Chair Jerome Powell expressed uncertainty about a potential rate cut in December, stating that it is "not a foregone conclusion" [2]