Fed Rate Cuts Support 'Magnificent Seven' Gains but Are Not Essential

Reported 2 days ago

As the Federal Reserve's outlook for 2025 rate cuts unfolds, the performance of the 'Magnificent Seven' companies, which include Nvidia, Alphabet, Tesla, Microsoft, Amazon, Meta, and Apple, is examined. While these gains are bolstered by the potential rate cuts, their success is not solely reliant on them.

Source: YAHOO

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