Rate Cuts Could Be Exactly What AI Stocks Needed
As many expected, the Federal Reserve cut rates by 50 basis points on Wednesday. It is the central bank’s first rate reduction in four years. Predictably, that move sparked a rally in stocks, one led in large part by the Nasdaq-100 Index (NDX). The index is chock full of technology and artificial intelligence (AI) equities. [...]
The post Rate Cuts Could Be Exactly What AI Stocks Needed appeared first on ETF Trends.
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