Several analysts noted that the weakness in bond prices during the week had also helped stocks.
The drop in short-term rates has also been dramatic, and that is helping stocks.
Short-covering and some program buying also helped stocks yesterday, market participants said.
The Fed's rate cuts should help stocks, if history is any guide.
A decline in interest rates normally can help financial stocks.
Lower interest rates yesterday, on reports of low inflation, helped several financial stocks.
Foreign investors looking for a place to put their savings are also helping stocks, he said.
Expectations of slower growth and lower interest rates have helped British stocks.
Traders said a retreat in long-term interest rates also helped stocks.
Markets The trade report helped bonds, stocks and the dollar.