Stock Market Today: Dow futures retreat from record high following Fed-rate-cut rally
Investors poured $33.8 billion into U.S. stocks in the past week, with funds collecting the third-largest weekly haul since 2022, according to TD Securities. Global equities also saw inflows, snapping two-weeks of outflows,
Stocks in September have been negative for four years in a row but momentum from the rate cut could bring change.
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Additional Fed rate cuts will boost confidence in one overlooked area of the market, a Goldman Sachs portfolio manager said.
When stock markets rise, the bullish narrative tends to dominate, overlooking the potential impact of market declines. Click ...
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