The Stock Market Got a Rate-Cut Boost. Where It’s Headed Next.
1. Stocks, including the S&P 500, closed the week at new highs. 2. The Federal Reserve cut interest rates by a quarter-point, boosting confidence. 3. Key S&P sectors reached peaks, indicating a broad bull market rally. 4. Market remains bullish, with expected good times continuing in the near future. 5. Concerns persist over the job market and high stock valuations.