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Jun 13, 03:40 AM

S&P 500, Nasdaq Reach Record Highs on Rate Cut Expectations by Federal Reserve

S&P 500, Nasdaq Reach Record Highs on Rate Cut Expectations by Federal Reserve

Authors

6

The S&P 500 and Nasdaq hit new record highs for the third consecutive day as traders anticipate rate cuts by the Federal Reserve following softer-than-expected inflation data. Despite the benign inflation print, the Fed maintained interest rates at 5.25-5.50%. Analysts suggest a potential shift in the Fed's stance may be imminent.

#Nasdaq #Federal Reserve #Fed

Written with ChatGPT (GPT-3).

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Markets Insider@MktsInsider
2 years ago
Stock market today: Indexes edge lower after hitting records on cooling inflation https://t.co/g4pVEBWHEi
Moneycontrol@moneycontrolcom
2 years ago
#MarketsWithMC | Govt's strategy remains consistent in Modi 3.0, per Morgan Stanley's Upasana Chachra in an exclusive Moneycontrol interview covering Fed's rate cuts to India's bond markets. 🎙️📈 Read more 👇 https://t.co/qo1wkHuZNY #USFeds #InterestRate #India #Bondmarket |
Moneycontrol@moneycontrolcom
2 years ago
#MarketsWithMC | Govt's strategy remains consistent in Modi 3.0, per Morgan Stanley's Upasana Chachra in an exclusive Moneycontrol interview covering Fed's rate cuts to India's bond markets. 🎙️📈 Read more 👇 https://t.co/qo1wkHuZNY #USFeds #InterestRate #India #Bondmarket |…

Business /Government Actions Business /Market Movements