On the eve of the Fed's interest rate cut, US stocks continued to rise in early trading to test new highs
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最新报道：According to Bijie.com, US stocks maintained their upward trend in early trading on Tuesday, September 16, testing new all-time highs as traders braced for the Federal Reserve to resume its interest rate cut cycle. Among individual stocks, Oracle's share price surged, while Tesla's stock price rose despite an investigation by US auto safety regulators into possible door defects in some of its models. Economic data showed US retail sales grew for the third consecutive month in August, with the gains broadly distributed, highlighting the resilience of consumer spending. A recent Bank of America survey showed that 28% of global fund managers are overweight equities, a net percentage hit a seven-month high. Michael Hartnett, the bank's chief investment strategist, noted that market expectations for economic growth have improved the most significantly in nearly a year, with only 16% of investors (on a net basis) now expecting a weaker economy.
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