Markets Mixed Post-Fed Cut: Tech Slips, Defensive Stocks Rally
In this episode of Market Deep Dive, we analyze the US stock market's mixed reaction to the Federal Reserve's "hawkish cut" in interest rates. Strong economic data and contrasting global central bank policies further influenced investor sentiment. Defensive sectors outperformed while technology stocks struggled under pressure. Highlights include Nike’s anticipated earnings report and Accenture’s standout results. As the year-end approaches, we explore key drivers likely to shape market trends in the coming weeks. Tune in for an in-depth look at today’s critical market moves and what they mean for the future.
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