Fed’s rate cut, tech stocks surge, and oil hits resistance… 📊
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This week’s Trading411 is loaded with all the key market updates:
🔻 The Federal Reserve is set to deliver a 25bps rate cut after inflation data holds steady. 📈 Tech stocks soar, led by Alphabet’s breakthrough quantum AI chip and Tesla’s 6% jump. 🛢️ Crude oil battles resistance at the 100-day moving average while OPEC trims demand forecasts.
🔥 Oh, and a heads-up: This is the final Trading411 of 2024 – but don’t worry, we’ll be back in January to bring you even more market-moving insights and bold predictions. Stay ready to crush the markets in the new year!
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