EPISODE · Sep 12, 2025 · 7 MIN
Rate Cuts Ahead: Market Highs and Tech Boom
from The SPY Trader · host Manoj Sharma
Fresh news and strategies for traders. SPY Trader episode #1363. The market saw a mixed start after record highs on Thursday, with S&P 500 futures flat, Dow down 0.2%, and Nasdaq up 0.1%. Inflation remains elevated at 2.9% CPI in August. The Federal Reserve is widely expected to implement its first interest rate cut of the year (25 basis points) next week, driven by a weakening labor market with unemployment at 4.3%. The US economy expanded 3.3% in Q2, but growth is projected to slow. The Technology sector continues its strong run, fueled by AI optimism, with Oracle, Adobe, and Nvidia showing significant gains. The Healthcare sector rebounded in August and is considered undervalued, while Financial Services also saw gains.
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Rate Cuts Ahead: Market Highs and Tech Boom
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