U.S. Stocks Surge Amidst Hope for Interest Rate Cuts

Stock market performance soared this past week, with both the Nasdaq and S&P 500 seeing substantial gains, spurred by expectations of potential Federal Reserve interest rate cuts. The positive momentum was fueled by speculation that the Fed may move more quickly than initially anticipated. Notably, President Trump’s policy approach towards trade has shifted toward a more moderate stance, potentially lessening trade tensions. Market analysts see this shift as a promising sign for the market’s recovery.