US Markets Wrap: AI, Rate Cuts, and Record Highs - Mapping the Market’s Next Move
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US Markets Wrap: AI, Rate Cuts, and Record Highs - Mapping the Market’s Next Move
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U.S. stocks have surged to fresh records, with the S&P 500 breaking above 6,500 for the first time, powered by resilience in tech and optimism around Fed policy. Nvidia’s blockbuster growth highlights the relentless demand for AI chips, while upward GDP revisions underscore the scale of corporate investment in software and equipment. At the same time, small caps are outperforming as markets price in a faster pace of Fed rate cuts. Sonu Varghese, Vice President & Global Macro Strategist at Carson Group, unpacks the signals behind the rally.
Produced/Presented: Ryan Huang
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