Investors Consider Shifting Focus from Big Tech as US Rate Cuts Loom
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#d044f1de ver:0.9

Investors are considering shifting away from Big Tech stocks as US rate cuts loom. Lower rates are seen as beneficial to areas of the market that have lagged this year, such as small-caps, real estate, and industrials. The tech-heavy Nasdaq 100 experienced its biggest drop of the year, while the small-cap Russell 2000 had its best day of 2024. However, some investors remain skeptical, as megacap tech stocks are expected to be more resilient. Any sustained move away from megacaps could have a negative impact on the entire market. #investing #BigTech #ratecuts...

#newstr #WallStreet #RateCut #FederalReserve #JeromePowell #HongKong #Shanghai #ChineseEconomy #ThirdPlenum #StockRotation #BondYields 

 https://here.news/story/d044f1de?ver=0.9