Stock market today: Nasdaq hits a record high as mega-cap tech surges before the Fed meeting kicks off

Biztoc.com - 16 december 2024

Stock market today: Nasdaq hits a record high as mega-cap tech surges before the Fed meeting kicks off

The Nasdaq hit a record high, driven by a surge in mega-cap tech stocks on Monday. The Federal Reserve is expected to cut interest rates by 25 basis points this week. Investors are eyeing November Core PCE data on Friday to gauge future Fed policy. US stocks …

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