Reported 18 days ago
US stocks are retreating from record highs following a surge fueled by optimism from the Federal Reserve's recent interest rate cuts. S&P 500 and Dow futures show slight declines, while tech-heavy Nasdaq 100 drops notably after FedEx reported disappointing earnings, highlighting ongoing risks to economic growth. Investors are questioning the sustainability of the rally, with concerns about potential market bubbles and deeper rate cuts being priced in beyond the Fed's projections.
Source: YAHOO