Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the months ahead helped spark a rotation away from what had been working in the U.S.

The S&P 500 Index ($SPX) (SPY) on Thursday rose +0.09%, the Dow Jones Industrials Index ($DOWI) (DIA) fell -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) was unchanged. September E-mini S&P futures (ESU25) fell -0.