Reported 18 days ago
U.S. stocks continued to climb in early trading following the likely electoral win of former President Donald Trump, which has led investors to adjust their expectations regarding growth, inflation, and potential Federal Reserve rate cuts. The S&P 500, Nasdaq, and Dow all showed gains, with the bond market experiencing a selloff. Market focus is now on the Fed's upcoming rate decision, expected to see another quarter-point cut amid uncertainties surrounding new fiscal policies.
Source: YAHOO