The U.S. CPI data released today met market expectations, which is expected to further increase the probability of a Federal Reserve rate cut in December. Catalyzed by this news, the $Nasdaq Composite Index (.IXIC.US)$ successfully broke through the 20,000-point mark, reaching a historic new high and entering a new milestone. Year-to-date, the Nasdaq has accumulated a 35.45% gain, leading the major U.S. stock indices.
Looking back at 2024, ...