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 Leading Economic Index No Longer Predicts U.S. Recession -Conference Board READ MORE SocGen Identifies 3 Key Indicators of Approaching U.S. Recession READ MORE Gold Price Soars Past $2,200 as Fed Signals Rate Cuts READ MORE Gold Dips Present Buying Opportunities, Says UBS READ MORE Morgan Stanley Forecasts Gold Prices Surpassing $2,600 by Year-End READ MORE Add a Comment Cancel replyYour email address will not be published.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