Good morning mooers! Here are things you need to know about today's market:
●Nasdaq Falls from Record High as Investors Rotate Out of Big Tech Stocks
●Malaysia's Economic Growth Likely Picked Up in Q2 2024, Driven by Export-Oriented Industries
●Malaysia Undertakes Efforts to Strengthen Ringgit, Including Encouraging Foreign Direct Investments
●Stocks to watch: Nestcon, Johor Plantations, Toyo Ventures
-moomoo News MY
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Recently, all eyes are on the Fed and the big question: when will they cut interest rates? The cooling of the U.S. CPI and weak retail sales data in May have provided a boost for the record highs of US markets, as they help spark rate cut expectations.
So, if the Fed kicks off a rate-cutting cycle, how should investors position themselves? Which assets might benefit? Here are a few essential insights before making any moves.
1. Why will t...