Stocks don’t need another Fed rate cut as much as they need this right now - MarketWatch

1. Fed is cautious, signaling no immediate interest rate cuts. 2. 10-year Treasury yield remains elevated, affecting borrowing costs and investor sentiment. 3. Corporate earnings growth supports stock performance amidst rate stability. 4. Concerns persist over inflation if rates are lowered too soon. 5. High-yield pressure on tech stocks due to rising rates and competition.