Stock market today: S&P 500, Nasdaq head for records as trade talks, Fed rate cut bets boost spirits
From Yahoo Finance: 2025-06-27 11:04:00
Stock market indices, including the S&P 500 and Nasdaq, are on track to reach record highs today. Optimism is fueled by ongoing trade talks and expectations for a rate cut by the Federal Reserve.
Major tech companies, such as Apple and Amazon, are leading the charge in the stock market rally. Positive sentiment is also supported by strong corporate earnings reports and hopes for progress in US-China trade negotiations.
Investors are closely monitoring the outcome of the ongoing trade talks between the US and China. Any positive developments could further boost market confidence and drive stocks higher.
Expectations for a potential interest rate cut by the Federal Reserve are also contributing to the positive market sentiment. Investors are hopeful that lower rates could stimulate economic growth and support stock prices.
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