Michael Reinking, Senior Market Strategist at the NYSE, recaps a week where the Fed cut rates 25 basis points, lifting markets to record highs. U.S.-China talks, including a framework for a TikTok deal, eased tensions and supported global indices. Strong retail sales added momentum, though not inflation adjusted. Small caps outperformed following the Fed’s move. Reinking flags the Trump-Xi call, triple-witching, and PMI and PCE data as next week’s key drivers.
