Market highs, crypto rally picks up: Market Takeaways
00:00 Josh
Let’s get to Yahoo Finance’s Allie Canal for more on the trading day takeaways. Allie.
00:04 Allie Canal
Yeah, Josh, well, that was certainly my number one takeaway. Records, records, records and it just feels like the market has a lot of momentum right now, especially after the Fed delivered its first interest rate cut of 2025. And what’s interesting is that even heading into the meeting, we saw a lot of bullish optimism already on the street. We saw price target raises from Wells Fargo, Deutsche Bank, Barkley’s among others and they cited the expected Fed easing. They also cited resilient earnings momentum, the fact that we have AI boosting a lot of this market and I think the moves we saw with Nvidia,…
