US Stocks Rally on Fed Pause Hopes; Tech Still Under Pressure

US stocks jump as Fed pause bets grow, but tech still faces scrutiny over valuations.

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US Stocks Rally on Fed Pause Hopes; Tech Still Under Pressure

US Stocks Rally on Fed Pause Hopes; Tech Still Under Pressure
US major indices surged as markets increasingly priced in a possible rate cut by the Federal Reserve, with the S&P 500 and Dow finishing up close to 1%. However, tech-heavy Nasdaq remains under pressure amid valuation concerns and renewed talk of an AI bubble. 
The move signals investor pivot toward macro relief while questions persist about earnings momentum in growth sectors. Rising hopes for easing monetary policy come against a backdrop of residual risk from weak global growth and stretched valuations.
Companies:
  • Nvidia
Tags:
  • stocks
  • markets