Pablo Mengoni
📈 Wall Street Ends the Week in the Green: $NSDQ100 Hits Record High as Market Eyes the Fed Wall Street closed the week with solid gains, driven by growing expectations of a potential interest rate cut by the Federal Reserve (Fed). The $NSDQ100 led the rally with a 2.1% weekly gain, hitting a new all-time high and closing Friday at 22,141 points. 🔍 What’s Driving the Market? Investor attention is now focused on the upcoming Fed policy meeting this Wednesday. According to the FedWatch tool, there's a 96% probability of a 25-basis-point rate cut. This comes as the Fed faces conflicting pressures: Inflation is hovering closer to 3%, While job growth is showing signs of cooling. 🧠 Key Events to Watch This Week: Press conference from Fed Chair Jerome Powell 🧔‍♂️ New inflation and labor market data 📊 Tech sector performance following recent moves 🚀 🚀 $ORCL (Oracle Corporation) (Oracle), $PGRE (Paramount Group), and $PSKY (Paramount Skydance Corp) (Paramount Skydance) Surprise the Market The corporate front also brought unexpected momentum: $ORCL jumped 25%, following news of major contracts, including a $300 billion deal with OpenAI. Founder Larry Ellison is now the richest person in the world, according to Bloomberg. Meanwhile, his son David Ellison, CEO of the newly merged Paramount Skydance, is reportedly exploring a $WBD (Warner Bros Discovery Inc) (Warner Bros Discovery) acquisition—boosting $WBD stock 55% last week. 💬 What’s Your Take on a Possible Rate Cut? Are you ready to seize the opportunities the market might present? 📲 Follow us on eToro to stay ahead of market news, insights, and strategies. Now’s the time to stay alert and informed.
Not investment advice. The author may have financial interests in the mentioned instruments.
null
.