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Get ready for stocks to soar when the Fed cuts interest rates, strategist says

Get ready for stocks to soar when the Fed cuts interest rates, strategist says

Now if there’s a 50-basis-point cut, what happens, I think, on balance, the market surges because it lowers that drag of interest rates across the economy makes stocks look on the margin more attractive.


Dow dives 600 points amid tech weakness and renewed economic worries

Dow dives 600 points amid tech weakness and renewed economic worries

In contrast, Super Micro Computer rebounded, gaining 2% after the company reassured customers and partners in response to a critical report from Hindenburg Research.