Posted 3/24/2024, 2:04:00 AM
Stocks Rally on Rate Cut Hopes; AI and Earnings Reports Eyed to Sustain Momentum
- Stocks have rallied strongly since October 2023 on hopes of Fed interest rate cuts
- There is enthusiasm about AI technology sparking a bull run like the late 1990s
- This week may indicate if momentum will continue as markets areabsent of big events
- Key earnings to watch include GameStop, McCormick, Carnival, and Walgreens
- Friday's inflation report could shift outlook if it shows unexpectedly high price gains