Reported 6 months ago
Investors in the US market are closely monitoring upcoming inflation numbers and the Federal Reserve meeting for indications on whether the recent rally to record highs is sustainable. With conflicting economic signals, including strong job data and slowing growth, investors are seeking clarity on the Fed's rate cut plans. Despite concerns about narrow market concentration and high valuations, expectations of strong corporate results and favorable macro conditions continue to support stocks. Political uncertainty ahead of the 2024 presidential election also adds to market nerves.
Source: YAHOO