The big news of last week was the Federal Reserve cutting interest rates for the first time in 2025. But it didn’t move the needle much for stocks — in fact, the Nasdaq Composite sank, and the S&P 500 was flat.
That’s because the 25 basis-point cut was likely already baked in, as just about everyone knew it was coming for weeks, fueling a 3% rise in the S&P 500 this month.
This post appeared at Dynamic Wealth Report.