Rate-Cut Hopes Bolster These Stocks. Two Top Buy Points.

Consumer stocks led the stock market Tuesday, as investors pounced on retail, travel and other splurge-on-me stocks. Economic data was largely disappointing but appeared to raise hopes of another interest-rate cut. In afternoon trading, eight of the 12 best-performing industry groups were from the retail sector — each up more than 4% and leading IBD’s ranking of 197 groups. Some…