Wall Street Review: Stocks Largely Higher Amid Fed Rate-Cut Expectations

Stocks ended the first trading week of September with most major indexes posting weekly gains, as a flurry of weak labor market headlines raised expectations for an interest rate cut by the Federal Reserve later this month.

Meanwhile, a favorable court ruling for Google’s parent company, Alphabet, strong earnings from semiconductor giant Broadcom, and the announcement of a partnership between Goldman Sachs and T. Rowe Price contributed to positive investor sentiment.