US markets today: Wall Street extends gains as rate-cut hopes rise; tech stocks lead early rally

US stocks climbed on Wednesday, with the S&P 500, Dow Jones, and Nasdaq all seeing gains. Traders are anticipating an 83% chance of a Federal Reserve rate cut in December, fueled by recent official comments. Technology stocks, including Dell and Nvidia, led the rally, while Urban Outfitters also surged on strong earnings.