Posted 3/21/2024, 2:22:29 PM
Stocks Rise on Fed Rate Cut Hopes; Truist CIO Sees Pockets of Growth Despite Highs
- US Equities trading higher as market reacts to Fed projections of 3 interest rate cuts by year's end
- Truist CIO Keith Lerner sees pockets of opportunity in bull market despite record highs
- Lerner recommends tech, communications, financials; sees room for further growth
- Equal weight S&P and small caps also areas that could see catch-up growth
- For more on market outlook, watch the latest episode of Yahoo Finance Live