Stocks Rise as Fed’s Williams Spurs Rate-Cut Bet: Markets Wrap

US stock futures and Treasuries rose in volatile trading after dovish comments from the Federal Reserve’s John Williams boosted bets on a December interest-rate cut. Bitcoin slipped below $84,000.

Contracts on the S&P 500 were up 0.5% after fluctuating throughout the session. Sentiment improved after the New York Fed President said the central bank has room to cut rates soon as the labor market softens.

The yield on 10-year Treasuries headed for the lowest this month as traders raised bets on a December rate cut to above 60%. Nvidia Corp. trimmed losses of more than 2% in premarket trading. The ...