Stock Market Ends 2023 on Positive Note, Poised for Another Year of Gains

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Finance Notícia

Stock Market,2023,Positive Note

The stock market ended 2023 on a positive note and is poised to have another year of gains as investors look to the Federal Reserve to start cutting interest rates in the coming months.

The stock market ended 2023 on a positive note and is poised to have another year of gains as investors look to the Federal Reserve to start cutting interest rates in the coming months. A lot has changed in just the past few months to arrive at that happy situation. While the Fed was once signaling rates would be higher for longer, part of a post-COVID-19 pandemic strategy to tame inflation, investors are now pricing in up to six rate cuts over the next year.

And Fed officials are taking on a little more dovish tone. That is because recent inflation reports have shown meaningful declines, good news for the economy, and a nice turn for the markets. THREE TIMES BIDEN FORGAVE STUDENT LOAN DEBT DESPITE SUPREME COURT RULING The S&P 500 is now up more than 5% in just the past month alone and rose 25% since the start of the year. The Dow Jones Industrial Average has bounced 6.5% in the past month, while the tech-heavy Nasdaq is up a whopping 45.5% from the start of 202

 

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