U.S. stock markets rebounded on Friday following comments from New York Federal Reserve President John Williams, who hinted at the possibility of another interest rate cut in December.During a speech in Santiago, Chile, Williams stated that monetary policy remains "moderately restrictive," but indicated there is room for further adjustments to the federal funds rate to bring it closer to a neutral level, thereby balancing the economy's primary goals.These remarks helped break the downturn in artificial intelligence stocks and boosted investor expectations for a third rate cut this year. The probability of a 0.25 percentage point cut rose to over 70% from 39.1% on Thursday, according to CME Group data.The Dow Jones rose 0.54% to 45,976.05, the S&P 500 gained 0.38% to 6,563, and the Nasdaq Composite increased by 0.51% to 22,198.926.S&P 500 futures climbed 0.3%, Nasdaq 100 futures rose 0.2%, and Dow Jones futures added 244 points, or 0.5%.
