"Market Insights: Powell's Impact on Stock Rally and Investor Strategies"
TL;DR Summary
Stocks rallied after the Federal Reserve's latest monetary policy decision, with economic and housing data prints impacting the market. The Department of Justice's antitrust lawsuit against Apple led to a tough week for the tech giant, signaling potential cracks in the tech sector. Additionally, athleisure companies like Lululemon and Nike faced pressure due to shifting consumer behavior and increased competition, potentially marking the end of the athleisure boom.
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