AI Surge Propels S&P 500 to Second-Best Start in Two Decades
Tech giants drive 14% rise as Federal Reserve considers rate cuts amid economic uncertainties
- The S&P 500 Index has gained 14% since January, marking its second-best start to a year since 2000.
- Artificial intelligence advancements have significantly boosted tech stocks, with Nvidia leading the charge.
- The Federal Reserve's potential rate cuts and the upcoming US presidential election add layers of uncertainty.
- Despite the tech sector's dominance, real estate has suffered due to high interest rates.
- Historical data suggests a strong first half often leads to continued growth, though market corrections are possible.
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