The S&P 500 embarked on a relentless rally in recent weeks, propelled by renewed investor optimism surrounding anticipated rate cuts in 2024, a plan confirmed by the Federal Reserve.
Buoyed by hopes of a more accommodating monetary policy landscape, investors flooded into US equities, propelling the S&P 500 to two-year highs. On Friday, the bullish fervor reached a zenith as…
This story from finbold.com was posted on 2023-12-21 by @greenix.