Technology companies lead the height of US stocks amid anticipation of interest reduction
The high shares of technology companies on Monday helped raise US stock indicators, as traders still betray the fact that reducing interest rates by the federal reserve will lead the markets to more profits. The S&P 500 index rose 0.2% at the end of the session, powered by the high prices of shares of major technology companies, despite the decline of six sectors from the 11 sectors in the market. The “Nasdaq 100” index, which includes the shares of technology companies, increased by 0.5%, while the “Dow Jones Industrial Index rose 0.3%. This step came in the aftermath of traders’ expectations to lower interest rates during the US central banking, which could rise the share prices in the month of the year. Shares more fuss, Dennis de Busher, the president and executive director of strategies at ’22V Research’: ‘It is expected to make sharp cuts in interest rates.’ David Costin, the US stock head in Goldman Sachs, expects the “S&P 500” index to rise by 2% by the end of the year and by the middle of 2026, while Michael Wilson of “Morgan Stanel” expects to reduce the interest rate to reduce the current high -high and the price of small businesses. The largest in three months. This week with unexpected results, the Fed Reserve Bank is unlikely to lower interest rates next week. “