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Nasdaq futuresInvestor's Business Daily
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82% Informative
S&P 500 and Nasdaq composite posted best weekly gains of the year to reclaim 50-day lines.
Fed meeting takes center stage this week , with policymakers set to cut rates for the first time since the Covid crisis in 2020 .
Apple iPhone 16 pre-Orders after the first weekend are around 37 million , analyst says.
Stocks bounced back this past week after selling off to start the session, but Wednesday was the turning point.
The Dow and S&P 500 moved to just below record highs on Friday .
A large number of leading stocks, including a number of tech names, raced into buy areas during the week .
The 10-year Treasury yield fell 6 basis points to 3.65% ..
The major indexes look strong and leading stocks look better.
The relative strength line, though still recovering, is above its 50-day moving average.
While AI and other tech growth stocks are back in play, many other sectors continue to look strong.
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