US Stocks Edge Up as Rate-Cut Anticipation Grows Ahead of Nvidia Earnings

Reported about 2 months ago

US stocks saw a slight increase on Monday, driven by the Federal Reserve's indication of potential interest rate cuts as traders await Nvidia's earnings report this week. The S&P 500 and Dow Jones rose modestly, while the Nasdaq dipped slightly. Investors are closely monitoring the outlook for rate cuts, which are now expected to total 1% by the end of 2024, as well as upcoming economic indicators that could affect market momentum.

Source: YAHOO

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