www.cnbc.com
Fueled by increasing anticipation of a U.S. Federal Reserve interest rate cut in the coming month, major U.S. stock market indexes experienced gains overnight. The expectation of lower rates typically boosts investor sentiment, making stocks more attractive and driving prices upward. This positive market reaction reflects investors’ belief that a rate cut would stimulate economic growth and corporate earnings. The potential rate cut serves as a significant catalyst in the market’s current upward trajectory.
