Wall Street Optimistic: Short-Lived Stock Market Pullbacks Amid AI and Rate-Cut Hopes

Reported about 22 hours ago

Despite recent tariff impositions, Wall Street strategists remain optimistic about the stock market's resilience, predicting that any pullbacks will be short-lived. Influenced by expectations of Federal Reserve rate cuts and a surge in AI-related investments, the S&P 500 and Nasdaq continue to approach record highs, with strong earnings from major tech firms like Microsoft and Apple contributing to a bullish outlook.

Source: YAHOO

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