What caused the market's volatile week – plus, 7 stocks we traded

Stocks bounced back Friday, but not enough to recover the week's earlier losses. All three major averages posted gains — with the Dow Jones Industrial Average and the S & P 500 each adding about 1%, while the Nasdaq Composite advanced 0.9% — after New York Fed President John Williams suggested that a December rate cut was still on the table. He argued that labor-market weakness poses a greater threat to the country's economy than higher inflation. Expectations for a rate cut next month spiked: On Friday, the market was pricing in roughly 71% odds of a 25-basis-point reduction next month, according to the CME FedWatch Tool. It was a major reversal from just a day earlier, when the odds were just 39%. Indeed, investor sentiment was low on Thursday, following the delayed release of September'