SCI

Market Rally Driven by Fed Expectations: Wall Street experienced a significant rally as traders increased bets on a Federal Reserve interest rate cut next month, following dovish comments from key officials, with a 77% chance now assigned to a 25-basis-point cut at the December meeting.

Tech Stocks Lead Gains: The Nasdaq 100 surged 2.4%, with semiconductor stocks like Broadcom and Micron leading the charge, while Alphabet's market cap surpassed Microsoft's, making it the third-largest publicly traded company.

Bitcoin and Commodities Performance: Bitcoin rose 0.5% to $87,000, indicating a pause in the recent selloff, while gold and silver also saw gains, with gold up 0.8% to $4,100 and silver up 1% to $50.50.

Major Indices and ETF Movements: The S&P 500 and Russell 2000 also posted gains, with the tech-heavy Invesco QQQ Trust rallying 2.3%, while the Consumer Staples Select Sector lagged behind, down 0.9%.

Company's Commitment: Service Corporation International (SCI) has donated a total of $1.25 million over five years to support children and families experiencing grief, partnering with the National Alliance for Children's Grief (NACG) to provide resources and training.

Support Initiatives: The funds will be used for various programs, including new support materials for caregivers and access to a 24-hour Compassion Helpline offering grief counseling.

Expert Guidance: Dignity Memorial provides a complimentary Guidance Series featuring grief materials created by renowned experts to help families navigate their emotions during the grieving process.

NACG's Role: The National Alliance for Children's Grief is a nonprofit organization that raises awareness and provides resources for grieving children, advocating for their mental, emotional, and physical health through a network of over 1,500 professionals and volunteers.