Part 2/7:
Today's market reaction demonstrates the impact of economic indicators on stock performance. A closer look at the Federal Reserve's decisions reveals an increasing likelihood of a 25 basis point rate cut at the upcoming meeting on December 18th, which has contributed to a surge in market confidence, albeit unevenly across different indices.
While sectors such as consumer discretionary and technology are driving market gains, traditional safe-haven sectors like utilities and healthcare have lagged. Notably, the Dow Jones Industrial Average experienced a slight decline, primarily due to significant losses in UnitedHealth Group (UNH) and Apple, both of which have been under pressure after substantial upward trends.