From Investing.com: 2024-05-06 09:42:00

After a rough April for stocks, markets now anticipate a rate cut in 2024 due to the Fed’s dovish stance and weaker economic data. A potential dollar and oil price decline could benefit the tech sector. The labor market and inflation dynamics suggest a December rate cut. The technology sector shows signs of support against energy. For less than $9 a month, access the AI-powered ProPicks tool. As the Fed considers a rate cut, the market reacts to key economic indicators indicating potential shifts in the investment landscape.



Read more at Investing.com: Rate Cuts Could Be Coming Much Sooner Than You Expect