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Powell said it's time to cut: Will the market go wild?
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💥📈U.S. indices extend gains on Monday to approach mid-July all-time highs

S&P: 5,608.25 (+1.0%)
DJIA: 40,896.53 (+0.6%)
Nasdaq-100: 19,766.49 (+1.3%)
Eurostoxx: 4,871.41 (+0.6%)
US crude futures: 73.66 (-2.5%)
U.S. equities extended their winning run on Monday, with the S&P 500 and Nasdaq-100 posting gains for the eighth consecutive session. The S&P 500 gained almost 1.0%, closing just shy of 60 points from its all-time high in mid-July. The Nasdaq-100 gained over 1.3% as tech stocks made a comeback. Nvidia gained 4.4% while Tesla rose over 3.0%. Meanwhile, the Dow Jones gained over 230 points to close 0.6% higher. Investors will be turning their focus to Federal Reserve Chair Jerome Powell’s speech at Jackson Hole later this week.
📌 Visit our Live Matrix to see how Macquarie's warrants move alongside their respective US index futures:

$DJIA 42000MBeCW241220 (51AW.SG)$
$DJIA 36500MBePW241220 (FESW.SG)$
$NASDAQ 20000MBeCW241220 (W7WW.SG)$
$NASDAQ 18500MBePW241220 (UUZW.SG)$
$S&P 5800MBeCW241220 (XP5W.SG)$
$S&P 5350MBePW241220 (5B5W.SG)$
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