France's Debt Reduction Target Questioned by Rating Agencies on Nostr: Wall Street's Rally Continues as Hopes Rise for Rate Cuts =============== #d044f1de ...

Wall Street's Rally Continues as Hopes Rise for Rate Cuts
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#d044f1de ver:0.76

Wall Street's rally continues as hopes rise for rate cuts by the Federal Reserve. Positive payrolls data fueled optimism, pushing the Nasdaq and S&P 500 to new record highs. Tech and consumer discretionary stocks performed well, with the top seven tech stocks reaching a combined market cap of over $16 trillion. However, concerns about potential risks and bubbles in certain sectors remain. Bitcoin enters a bear market, while Goldman Sachs highlights 10 reasons for potential stock risks in the second half of 2024. The market's record run raises concerns about its disconnection from reality and its focus on rate cuts rather than US politics. The future of the market may depend on the performance of big tech companies and the Fed's rate cut decisions. #WallStreet #RateCuts #StockMarket #TechStocks #Bitcoin #Economy...

#newstr #WallStreet #UsEconomy #FederalReserve #InterestRates #Unemployment #Wages #TechnologyStocks #UsPolitics #DonaldTrump #MarketPerformance

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