The rare half-point rate reduction was baked into the rally last week and led to a mild sell-off afterward 

Big Fed rate cut leaves little changed in stock and bond markets

“为50个基点的降息奠定了基础，”BNY财富管理的首席投资官西妮德·科尔顿·格兰特表示。“如果你回顾六周前，有一种说法认为这意味着美联储对市场未看到的某些问题感到担忧……我认为九月份的劳动力市场报告确实帮助说服了市场，我们可能需要超过25个基点的降息。”