Market Insights: Cyclical Surge and Fed Rates Impact

Reported 22 days ago

The major stock indexes ended mixed, with Apple dragging down the Nasdaq due to poor iPhone 16 pre-order numbers. Yahoo Finance's Jared Blikre discusses significant market movements, highlighting a rise in cyclical sectors like utilities, the anticipated impact of the Federal Reserve's upcoming interest rate decision, and seasonal trends expected in September.

Source: YAHOO

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