Скачать или смотреть The Stock Market is on Fire Right Now, Here's Why!

Dreams of interest rate cuts are propelling stocks to new highs. The S& P 500 notched a seventh week gain streak, rising half a percent, while the tech focused Nasdaq Composite advanced six tenths of a percent. The Dow Jones scraped by with its fourth consecutive record close. This optimism marks the S& P 500's longest weekly winning since 2017, largely fed by hopes the Federal Reserve will achieve a soft landing, avoiding a recession.

Encouraging inflation reports have investors betting on rate cuts next year. However, market rally faces uncertainty with major data releases this week. Large tech firms like Meta Platforms lead the rally, while others like Apple dip over compliance issues. U. S. Steel soared after a hefty sale to Japan's Nippon Steel, and in the bond market, rate cut bets triggered a 10 year yield drop.

As we look ahead, hopes for rate cuts fuel stock rally optimism.