Wall Street Eyes Fifth Day Of Gains, Silver Hits Record Highs At $55: What's Moving Markets Friday?

Stocks were rising again midday Friday, putting Wall Street on pace for a fifth straight day of gains as rate cut hopes surged and risk appetite returned across tech, crypto and commodities.Traders now see an 88% chance the Federal Reserve will cut interest rates by 25 basis points at its Dec. 10 meeting, up from just 50% last week, according to CME FedWatch data.At midday, the S&P 500 was up 0.4% to 6,840, sitting just 1% below its all-time high and heading for its strongest five-day rally since May. The N ...