This week, all eyes are on the Nasdaq as we assess the impact of the recent US CPI release and subsequent interest rate cut expectations. After the CPI release last Thursday, interest rate cuts have been priced in, causing the Nasdaq to fall while the US Russel 2000 made significant gains.
The key question now is: Will the Nasdaq continue to decline due to increased interest rate cut expectations, fueling gains in other indices such as the Russell 2000, or will the AI and tech sectors sustain their bullish rally?
Key factors to monitor include policy announcements, shifts in market sentiment, and performance of the AI and tech sectors. The tech sector's resilience and innovation could play a crucial role in determining whether the Nasdaq will rebound or if the trend will favour other indices. Participate in our poll by visiting our social media platforms! We'd love to hear your thoughts.
Poll:
1. The Nasdaq will lose momentum and fund other indices’ gains.
2. The tech sector is robust and will remain on an upward trajectory.
3. The tech sector will remain flat
Stay informed and be ready to capitalise on these trends with Unum Capital, Your Profit Partner.
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