Nasdaq Inc.: Weekly Market Preview: All I Want For Christmas Is a Sustained Market Rally

From Nasdaq Inc.:



Investors are hoping for a sustained market rally just in time for Christmas. The unexpected current rally has seen the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite Index all climbing substantially and making new highs. The Federal Reserve’s shift in monetary policy and the potential for rate cuts in 2024 are contributing to this optimism. Mega-cap tech giants are expected to continue thriving in this environment. The author sees buying opportunities in the market rally, and believes stocks make great holiday gifts. Bullish sentiment among investors has increased, and there is a sense that the market is heading in a positive direction.



Original: Weekly Market Preview: All I Want For Christmas Is a Sustained Market Rally