Nasdaq ends at record as markets eye interest rate relief
US equity indices surged, with the Nasdaq reaching a new record, fueled by anticipation of Federal Reserve interest rate cuts following benign inflation data. Sam Stovall of CFRA Research noted growing investor confidence in lower rates.
US equity indices surged, with the Nasdaq reaching a new record, fueled by anticipation of Federal Reserve interest rate cuts following benign inflation data. Sam Stovall of CFRA Research noted growing investor confidence in lower rates.
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