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- Sep 23rd Stock Market Update - the market grinds higher
Sep 23rd Stock Market Update - the market grinds higher
As rate cuts are expected to slow down for the remainder of this year, the market moves slowly higher
Market
“Minneapolis Fed President Neel Kashkari said he expects policymakers to dial down the pace of interest rate cuts after last week's half percentage point reduction.” 😊 😋
The indices went slightly higher on news of EVs from GM finally gaining traction
Tesla and Meta led the way, but the financials including JP Morgan, Visa and Mastercard headed higher on expectations of good earnings in a few weeks.
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