S&P 500 ^GSPC 5,304.72 +0.70%
Tesla TSLA $179.24 +3.17%
Meta META $478.22 +2.67%
Nvidia NVDA $1,064.69 +2.57%
Apple AAPL $189.98 +1.66%
Microsoft MSFT $430.16 +0.74%
Alphabet GOOG $176.33 +0.73%
Amazon AMZN $180.75 -0.17%

Today's growth in the stock markets! 📈

Stocks are gaining today, building on the positive wave from late last week. This wave was sparked by the jobs report, which produced softer than expected results and boosted bets for an early interest rate cut by Federal Reserve. 📊

TheS&P 500index gained 1,03 %while the tech-heavy Nasdaq Composite rose 1,19 %. TheDow Jones industrial index rose by approximately 0,46 %. 💼

Last week, stocks rose, buoyed by a labor market report that provided positive signals to both the markets and Fed. Tool CME FedWatch Tool shows that more than two-thirds of bets are headed for a September rate cut. Most traders now expect at least two cuts by the end of the year. 📉

However, this situation may be influenced this week by the Speaker's of the Federal Reserve. The president of the New York Fed John Williams said on Monday that the rate cut would depend on new data.
Williams expressed confidence that a rate cut will happen, but for now, monetary policy remains steady.

Similarly ,Federal Reserve Bank ofRichmondPresident Thomas Barkin expressed optimism about inflation, which is expected to fall to 2 %.

On Tuesday, he is expected to speak Neel Kashkari z Minneapolis. 🎙️

How do you feel about the current market situation? Do you think the market is overvalued and very optimistic, or are we looking even higher?

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