Stocks, Gold Rise on Bet on Aggressive Fed Rate Cut Wall Street is experiencing a significant shift in investment strategies as traders increasingly bet on a substantial Federal Reserve rate cut. This has led to a rotation from tech giants to smaller, economically sensitive stocks. The Russell 2000 index of smaller firms outperformed tech megacaps, while an equal-weighted version of the S&P 500 beat the standard benchmark. This rotation suggests a broadening of the market rally beyond the handful of tech companies that have dominated gains so far this year, as investors anticipate that Fed rate cuts will boost the broader economy. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Turkish Investors Flock to Dollars and Gold Amid Lira's Decline READ MORE Global Central Banks Begin Slow Shift to Rate Cuts Amid Varying Economic Conditions READ MORE China Gold Reserves Grow for 18th Straight Month READ MORE Record Gold Prices Fuel Modern-Day Gold Rush READ MORE ZeroHedge: Rothschild Family Ventures Into Bitcoin READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment