Tech Stocks Rally on Optimism for 2024 Rate Cuts, Economic Growth
• Tech stocks back in demand due to optimism about 2024 Fed rate cuts and economic outlook • Nasdaq expected to continue leading market higher as start of Fed's rate-easing cycle approaches • Arista Networks well-positioned to benefit from digitization and demand for cloud infrastructure • Fortinet stands to gain from increased cybersecurity spending by businesses • Super Micro Computer poised to capitalize on tech infrastructure investment in lower rate environment