Wall Street climbed as the S&P 500 hit historic highs, buoyed by the Federal Reserve's support for a 50-basis-point rate cut, spurring investor optimism.
Investors remain cautiously optimistic as the Fed shows consensus on rate cuts, but uncertainty about future economic data keeps markets on alert for signs of change.
Upcoming consumer price index data is critical as a slight inflation decrease might limit the Fed's pace for future rate cuts, maintaining cautious investor sentiment.
The robust U.S. labor market strengthens the economy's resilience against recession pressures, supporting financial markets while reassuring expectations amid inflation concerns.
Collection
[
|
...
]