The S&P 500 closed at a record high, driven by optimism in trade talks and the Fed’s potential rate cuts. This indicative market behavior hints at a shifting sentiment among investors.

Key Influencing Factors

• Softening inflationary pressures and renewed trade agreements are offering market support.
• Big Tech momentum has significantly underpinned this recent surge.

Outlook

The market appears poised for continued strength entering the next quarter, with tech stocks leading the way.