Interpublic Group, Omnicom Group, TransUnion, Accenture, and CTS Shares Are Soaring, What You Need To Know

A number of stocks jumped in the afternoon session after comments from a key Federal Reserve official hinted at a potential interest rate cut in December. John Williams, president of the Federal Reserve Bank of New York, signaled he was open to lowering the fed funds rate—the key interest rate that banks charge each other for overnight loans—to support the job market.