Reported about 1 year ago
As the second half of 2024 begins, analysts highlight three key trading themes to watch. Firstly, Big Tech earnings have led the S&P 500 to new heights, and continued outperformance in the AI sector could sustain the rally. Secondly, investors are anticipating interest rate cuts despite the Federal Reserve indicating otherwise, raising concerns about the economy's health. Lastly, the upcoming US presidential election could trigger market volatility, potentially impacting sectors like consumer discretionary and renewables if Republicans secure both the White House and Congress, while financials might benefit in such a scenario.
Source: YAHOO