Rate cuts could be just what AI stocks need

As many expected, the Federal Reserve cut interest rates by 50 basis points on Wednesday. It is the central bank’s first rate cut in four years. Predictably, the move sparked a rally in stocks, largely led by the Nasdaq-100 (NDX). The index is full of technology and artificial intelligence (AI) stocks. (…)

The post Rate cuts could be just what AI stocks need appeared first on ETF Trends.