US Stock Market Defies Gravity, Doubters Turn Into Believers
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币界网报道：U.S. stock markets continue their record-breaking rally, with the S&P 500 and Nasdaq hitting all-time highs as investors shrug off earlier recession fears. Major indices have surged over 20% from October lows, fueled by resilient corporate earnings, slowing inflation, and expectations of Federal Reserve rate cuts in 2024. Skeptical investors who missed the rally are now chasing the market, with Bank of America reporting $6.4 billion inflows to U.S. stocks in a single week. Analysts note the rally's broadening beyond tech giants, though caution remains about potential pullbacks given stretched valuations and geopolitical risks.
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