Two Blokes

S&P 500 Powers Higher As Trade Deals, Tax Bill Move Forward

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    Posted by Two Blokes Jul 7 - Filed in General - #TwoBlokesTrading  - 4 views
    The Independence Day holiday-shortened trading week saw the S&P 500 power higher to reach new record highs throughout the trading week. The CME Group's FedWatch Tool projects the Fed will continue holding the Federal Funds Rate in a target range of 4.25-4.50% until its 17 September (2025-Q3) meeting, when it is expected to cut the rate by a quarter percent.