US ‌Federal ‌Reserve’s Interest Rate⁤ Cut⁢ Expected to Boost New York Stock Exchange

The New York Stock Exchange is likely to​ show ⁢strength due to the US Federal Reserve’s interest ‍rate‌ cut. Last week, the Nasdaq index,‌ which is centered on technology stocks, soared 5.95%. The S&P 500 index rose 4.02% over​ the‍ week, and the‌ Dow Jones‍ Industrial​ Average rose 2.6%.⁣ This marks the best performance for the Nasdaq index and the S&P 500 index this ⁤year.

The Fed’s interest rate ⁤cut ⁢is expected to improve market liquidity ​and make it easier for companies to raise funds. This can act as a positive factor ‌that lifts the New ‌York stock market. Growth stocks that are sensitive to high interest rates⁤ are expected⁤ to⁢ stand out, ⁢as they react more sensitively to interest⁣ rate levels and⁤ can ride‌ the upward rally ‍following⁢ interest rate cuts. Market participants⁢ are expecting a ‘cut rally’ to unfold after the Fed’s interest rate ⁤cut.

However, some analysts believe that the⁤ New York Stock Exchange has already reflected ‍expectations of‌ a rate cut. This means⁤ that stock​ prices may fall⁤ after ⁣the Fed cuts interest rates. According to Bloomberg ⁣News, “If the rate cut becomes a reality, we should​ consider the ⁣possibility that there will be a surge in selling demand ‍to‌ realize profits amidst the uncertainty.”

Investors are also paying⁤ attention ⁣to FedEx’s earnings announcement.⁤ As a logistics company,⁤ FedEx’s‍ performance serves as a barometer of ⁤the global economy. If FedEx’s ⁣performance⁢ worsens, concerns will ‍grow, and if its performance improves, ‍a sense⁢ of relief is‌ expected to spread.