S&P New High: Will Rate Cut Push Higher or Sell the News?
During yesterday's intraday trading, both the S&P 500 and the Dow Jones reached new highs.
Several institutions have once again raised their year-end target prices for the S&P 500.
There is still significant disagreement in the market about whether the Fed will cut rates by 25 bps or 50 bps this time.
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Will this rate cut be 25 bps or 50 bps?
Will rate cut continue to boost market higher or time to sell the fact?