Tech Stocks Lead Bullish Market Trend, S&P 500 and Nasdaq Reach New Highs Ahead of Fed Meeting.
TL;DR Summary
The stock market rally showed a broad advance for the week, with small caps and midcaps having another solid gain, despite losers leading Friday. The focus will be on the Federal Reserve meeting amid two big inflation reports. Some stocks to watch include Tesla, Nvidia, On Holding, Biogen, Oracle, Boeing, and Caterpillar. Investors should be cautious about new buys, especially in hot tech sectors, and keep their eyes on industrial stocks. Biogen's Alzheimer's drug Leqembi won a key vote, and industrial stocks like Boeing and Caterpillar are setting up or in buy areas.
Topics:business#biogen#federal-reserve-meeting#finance#industrial-stocks#stock-market-rally#tech-stocks
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