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🖥️RECORDS REACHED, RATES CUT BETS

🖥️RECORDS REACHED, RATES CUT BETS

Day: 10 | Time: 15:59:18 The S&P 500 and Nasdaq indices have reached new records, while the Dow Jones remained stable. Investors are considering the possibility of the Fed cutting interest rates this year. President Powell has emphasized that the Fed will not consider cuts until there is clear evidence that inflation is approaching 2%. Investors are betting on two rate cuts this year, with a 75% chance of a cut in September. The commodities and technology sectors have had the best performance, while the financial sector has disappointed. Nvidia shares rose 1.4% and Tesla shares fell 0.3%. Apple, Amazon, and Alphabet are up, while Microsoft and Meta are stable.