U.S. stocks near all-time highs, focusing on Federal Reserve policies and sector rotation

Mars Finance reports that the US stock market is currently at a historic high. The S&P 500 index is only about 1% away from breaking through 7,000 points for the first time, potentially marking the eighth consecutive month of gains and setting the longest monthly rally since 2017-2018. Murphy & Sylvest Wealth Management senior wealth advisor Paul Nolt stated that unless an external shock occurs, the least resistance path for the stock market remains upward. The Federal Reserve meeting minutes will be the market’s focus next week, with investors closely watching when the Fed might cut interest rates further. The S&P 500 has risen nearly 18% this year, and the Nasdaq has increased by 22%.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)