This week’s central bank meetings are poised to bring significant interest rate decisions, with the Federal Reserve expected to cut rates by 25 basis points. In contrast, the Bank of England and Bank of Japan are anticipated to maintain their current rates. On the tech front, US stocks have seen a notable uptick, pushing the Nasdaq Composite Index past 20,000 points for the first time. Key players like Tesla, Google, Apple, Amazon, and Meta have seen record highs, with combined market value gains reaching $237.44 billion.
Source: https://www.gurufocus.com/news/2633347/global-markets-brace-for-central-bank-decisions-amid-tech-stock-surge