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Europe’s battery darling runs out of juice
FT News Briefing
Low Rates Fuel Market Optimism
U.S. financial markets are reacting positively to the Federal Reserve's recent half-point rate cut, with the S&P 500 reaching an all-time high and the NASDAQ composite increasing by 2.5%. This optimism is driven by investor confidence in a potential economic soft landing, reducing recession fears. Tech stocks are particularly benefiting from lower interest rates, as cheaper borrowing costs make debt more manageable and render risky investments more appealing.
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