Market Trends
As of September 29, 2024, the stock market has reached several record highs, notably driven by positive sentiment surrounding tech stocks and a general bullish trend. The Dow recently marked its 32nd all-time high of the year, reflecting a strong recovery in equities. Analysts are particularly focused on NASDAQ's ability to catch up after a series of robust performances from large-cap technology names like $NVDA.
Moreover, traders appear to be dismissing potential US election risks as equities continue on an upward trajectory. This behavior suggests a degree of optimism among investors, despite underlying economic uncertainties.
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