Wall Street Celebrates the First Fed Rate Hike Since 2023 as a Release and Rallies Together With the Bond Market, While Falling Oil Prices Dampen Inflation Concerns – Fed Chair Kevin Warsh Defends His Credibility Against Donald Trump’s Call for Rates Of 1%, and the Yield on Ten-Year Treasuries Slips Back Below the 5% Mark – Generac Explodes After a Billion-Dollar Deal With Amazon

USA & MACRO-ENVIRONMENT Wall Street switches to recovery mode a day after the Federal Reserve's interest rate decision Stocks and bonds rise together, supported by sharply falling oil prices that ease concerns about runaway inflation. The S&P 500 gains about +0.95% and is on track for one of its strongest sessions since early August, while the tech-heavy Nasdaq 100 moves up even more by +1.49%. Particularly notable is the movement in semiconductor stocks: A widely observed chip index climbs by 3%. Meanwhile, the bond market noticeably...