U.S. stocks rebounded sharply with the S&P 500 positing daily gains all week, capping its strongest weekly performance this year. Notable sector gainers were headlined by Technology while Real Estate, Utilities, and Consumer Staples finished at new 52-week highs. Investor sentiment rallied following a backdrop of oversold conditions from steep prior week losses coupled with favorable “soft landing” economic data showing continued easing in consumer inflation. Essentially, Wall Street is solidly convinced that the Federal Reserve will begin cutting interest rates later this week, their first reduction in four years.