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US stocks extend rally, S&P 500 hits winning streak: Is it your cue to Invest?
On August 19, U.S. stocks are on a winning streak as hawkish Fed officials backed a September rate cut, $Dow Jones Industrial Average (.DJI.US)$ Show More
On August 19, U.S. stocks are on a winning streak as hawkish Fed officials backed a September rate cut, $Dow Jones Industrial Average (.DJI.US)$ to its fifth consecutive day of gains, while $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ mark eight straight sessions of growth. This marks the longest winning streak of 2024 so far. Key sectors, including technology, communications, and consumer discretionary, outperform, with $NVIDIA (NVDA.US)$ rising by 29.42% in 10 days, $Uber Technologies (UBER.US)$ by 26.85%, and $Starbucks (SBUX.US)$ by 25.72%. Goldman Sachs' Rubner suggests a tactical bullish stance on U.S. stocks until mid-September, with potential volatility expected in the latter half.

🎙️Discussion
1. Are these high-performing stocks part of your investment strategy?
2. Which sector do you believe will drive the next major market move?
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