Key Drivers of the Rally
Fed Rate Cut
The Federal Reserve cut short‐term interest rates by 25 basis points this week — the first rate cut in a while. That typically boosts equities because borrowing costs fall, making future earnings more valuable.
The cut also signalled that further easing might be possible, which increases optimism about slower financing conditions ahead.
Strong Tech & AI Sentiment
Tech names, especially those involved in AI, chip manufacturing, cloud, data centres, have had good news. For example, Nvidia & Intel made a joint investment/partnership plan which lifted Intel heavily and helped boost tech indices.
Nvidia is buying $5 billion of Intel common stock at $23.28/share, which gives Nvidia about a 4% stake in Intel.
This comes after recent government investment in Intel (the U.S. got a ~10% stake) to shore up its competitive position.
Fed Rate Cut
The Federal Reserve cut short‐term interest rates by 25 basis points this week — the first rate cut in a while. That typically boosts equities because borrowing costs fall, making future earnings more valuable.
The cut also signalled that further easing might be possible, which increases optimism about slower financing conditions ahead.
Strong Tech & AI Sentiment
Tech names, especially those involved in AI, chip manufacturing, cloud, data centres, have had good news. For example, Nvidia & Intel made a joint investment/partnership plan which lifted Intel heavily and helped boost tech indices.
Nvidia is buying $5 billion of Intel common stock at $23.28/share, which gives Nvidia about a 4% stake in Intel.
This comes after recent government investment in Intel (the U.S. got a ~10% stake) to shore up its competitive position.
Nota
Nota
Dagangan ditutup: hentian tercapai
ES 6756.75 was booked as all time highs on Monday but the whole stock market saw a decline for 3 days straight. Friday saw a reversal in the downswing.Nota
Same For NQ.
Topped out on Monday then begun it's decline
Nota
YM topped out on the Tuesday, lagging behind both NQ and ES.
UK, London
Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
UK, London
Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.