Techs Lead On AI, Rate-Cut Optimism; Arista Networks, Dycom, TransDigm In Focus

from Stock Market Today With IBD · host Investor's Business Daily

Stocks started off strong as tech earnings revived AI optimism, then added to gains as Fed chief Jerome Powell sees rate cuts starting as soon as September. The S&P 500 rallied above its 50-day line while the Russell 2000 hit a fresh multiyear high. But a slew of earnings and other news is still on tap this week. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode metadata supplied by the publisher feed · Published Jul 31, 2024

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Techs Lead On AI, Rate-Cut Optimism; Arista Networks, Dycom, TransDigm In Focus

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