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Fed Rate Cuts
Market Surge Continues: S&P 500 and NASDAQ Hit Record Highs After Fed’s Rate Cut | Daily Market Analysis
Key events:
Strong Inflation Data Dampens Rate Cut Hopes, Weighing on Stocks and Boosting the Dollar | Daily Market Analysis
Key events: UK - GDP (MoM) (Aug) USA - PPI (MoM) (Sep) The S&P 500 finished lower on Thursday as unexpectedly strong inflation figures complicated expectations for potential Federal Reserve rate cuts. The Dow Jones Industrial Average dropped by 151 points, or 0.4%, while the S&P 500 declined 0.4%, and the NASDAQ Composite slipped by 0.2%.
Markets Rally on Hopes for Fed Rate Cuts; Gold and AUD Hold Firm Amid Global Economic Shifts | Daily Market Analysis
Key events: Eurozone - CPI (YoY) (Sep) USA - S&P Global US Manufacturing PMI (Sep) USA - ISM Manufacturing PMI (Sep) USA - ISM Manufacturing Prices (Sep) USA - JOLTs Job Openings (Aug) The S&P 500 ended Monday with gains, closing higher and capping off a strong third quarter. Investor optimism was bolstered by the potential for further interest rate cuts, as Federal Reserve officials continue to hint at more easing.