The S&P 500 Soared Nearly 15% in the 1st Half. History Says This Will Happen Next.
What Federal Reserve action could influence the market later this year?
The Federal Reserve's action that could influence the market later this year is the anticipated interest rate cut. This move is expected to be positive for stocks, as it generally supports economic growth and makes borrowing costs lower for companies.
What confirmed the S&P 500 entering a bull market?
The S&P 500 entering a bull market was confirmed when it reached a record high, with a gain of almost 15% in the first half of the year. This was led by technology stocks, especially those involved in artificial intelligence, as investors sought to capitalize on these companies with rising revenues and strong long-term prospects.
How much did the S&P 500 gain in the first half of the year?
The S&P 500 gained almost 15% in the first half of the year. This strong performance was driven by technology stocks, particularly those involved in artificial intelligence, as investors focused on companies with rising revenue and long-term growth prospects.