Major U.S. Indices saw a trading floor reversal on Tuesday, March 26th, even as key tech stocks climbed and Trump’s latest business venture held a pleasant surprise for investors.
On March 19-20, 2024, in the second FOMC meeting of the year, despite anticipations of rate cuts, the Fed maintained rates unchanged for the 5th time in a row, while hinting at 3 cuts soon.
As US stocks take a hit led by tech, all eyes are on the Fed's upcoming moves. Amidst poor components in the ISM resources ahead of Powell's testimony and the NFP report, investors may be bracing for a potential shift.
The Nikkei, the SP500 and the Nasdaq all soared to ATH on March 4th. But will this continue? Let’s have a look at the reasons why these indices could keep rising and why they might not.
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