Stock indexes are up today, with the S&P 500, Dow Jones, and Nasdaq 100 hitting 2-week highs. The 10-year T-note yield is down to a 1-month low of 3.96%. Market optimism for a Fed rate cut next month is strong. A technical outage at the CME led to lighter trading activity today. The BLS canceled October reports, moving them to December. Overseas markets are also higher today. Energy stocks are climbing, while Oracle and CNH Industrial are down. Earnings reports include Compass Diversified Holdings, Nordic American Tankers Ltd, and SR Bancorp Inc.

Read more at Barchart: Stocks Supported by Fed Rate Cut Optimism