Stock Market News From Nov. 21, 2025: Dow Rises Nearly 500 Points Last Updated: Updated 1 day ago December Rate-Cut Odds Are Back Up to 70%. New York Fed President Sees Room to Cut in 'Near Term.' By Connor Smith CONCLUDED and Nicole Goodkind After plunging earlier this week, December rate-cut odds were back up above 70% on Friday. Traders see a 70.9% chance of Dec. 10 rate cut, which is up from 39.1% on Thursday. Such odds were down to about 30% earlier in the week. New York Federal Reserve President John ...