Seven giants of the US stock market are expected to return to the peak? Looking back at the last interest rate cut cycle, this company surged by nearly 500%.
Wedbush, a Wall Street investment bank, has stated that the Fed's rate cut is the missing piece of the puzzle, indicating that the green light for high-tech growth-oriented trading has been re-illuminated and will continue through the end of the year and 2025.
Top 20 turnover | Intel soared at the close, with rumors that Qualcomm has discussed the acquisition with it; financial report is disappointing, "American economic indicator" FedEx plummeted more than 15%.
On Friday, the turnover of the US stock market ranked first in a decline of 0.29%, with a turnover of 72.953 billion US dollars; nvidia, ranked second, fell by 1.59%, with a turnover of 44.521 billion US dollars.
U.S. stock market closing | The 'Triple Witching Day' saw violent fluctuations in the final trading hour, with the Dow hitting a new all-time high; Intel surged in the final hour, gold reached a new high, and the offshore RMB rose by 300 points.
The Dow Jones hit a new high, while small-cap index fell more than 1% after seven consecutive gains, and the S&P briefly stopped falling in late trading. The Dow rose 1.6% for the week, the Nasdaq rose 1.5%, and energy stocks drove the S&P up 1.4%, the fifth consecutive weekly gain in six weeks, with small-cap stocks rising more than 2% and China concept stocks rising nearly 4% for the week.
Most Money Managers Can't Beat the Bull. Blame the Mag 7. -- Barron's
The Trader: Lower Interest Rates Yield a Loser: Berkshire Hathaway -- Barron's
Apple Is the World's Most Valuable Stock. It's Still Underestimated. -- Barrons.com