Soaring US stocks could take cues from Fed as earnings wind down

Robust corporate performances have played a pivotal role in propelling the S&P 500 to new peaks this year, diverting attention from the Federal Reserve’s intricate journey toward lower interest rates.

As the earnings season concludes, some investors anticipate a resurgence of monetary policy as a dominant factor.

Nvidia Corp’s exceptional earnings results served as a striking conclusion to the fourth-quarter reporting period, with the soaring shares of the AI powerhouse driving the S&P 500 to recent record highs in the past week.

The benchmark index has recorded a gain of over 6.7% since the beginning of the year, Reuters reported.

READ MORE: https://finance.yahoo.com/news/soaring-us-stocks-could-cues-211458876.html

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