ACTV - S&P 500 Rises As Expectations Firm For Rate Cuts Later In 2024
2024-05-13 12:45:00 ET
Summary
- The S&P 500 rose a little over 1.8% largely as expectations the Federal Reserve will start a series of rate cuts in September 2023 firmed.
- Several see inflation running too high, prompting them to suggest they will continue to hold rates where they're at.
- The latest update for the alternative futures chart shows the trajectory rejoining the dividend futures-based model's projections as expected, with investors focusing their foward-looking attention on 2024-Q3.
The S&P 500 ( SPX ) rose a little over 1.8% largely as expectations the Federal Reserve will start a series of rate cuts in September 2023 firmed. The index closed out the trading week ending on Friday, 10 May 2024 at 5,222.68 , just 0.6% below its 28 March 2024 record high....
S&P 500 Rises As Expectations Firm For Rate Cuts Later In 2024