US equities climbed to fresh all-time highs, with the S&P 500 leading the charge ahead of the Federal Reserve’s much-anticipated policy update. Market optimism is growing that the Fed could adopt a more dovish stance or hint at rate cuts as inflation continues to ease.
Technology shares outperformed, boosted by upbeat earnings and renewed confidence in the economy’s resilience. Hopes for a “soft landing” — taming inflation without triggering a recession — have strengthened investor sentiment.
As traders await the Fed’s guidance on future rate moves, bullish energy continues to dominate Wall Street.
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