Tech's Fragile Rally After Fed's Half-Point Cut

If you cannot see this email properly, please click [here]( To unsubscribe from this mailing list please click [here]( The Fed's aggressive 0.5% rate cut provided an initial spark for beaten-down tech stocks. But the fleeting rally shows the high-multiple sector remains precariously positioned. Lower rates boost the present value of future earnings for richly-valued growth names like tech. The Nasdaq spiked over 1% after the Fed move before reversing course. While delivering the first cut, Fed Chair Powell injected fresh uncertainty over how much more easing lies ahead. The central bank signaled another 50 basis points of cuts in 2024 but pushed back on expectations for lower terminal rates long-term. --------------------------------------------------------------- Sponsor [Buy This Top Tech Stock BEFORE Its Price Moves Higher]( Claim Your FREE Report on the Top Tech Stock to Buy & Hold Now! [Full Story >>]( --------------------------------------------------------------- That mixed message underscores the fragility of tech's bounce. On one hand, investors crave easier policy to reignite the sector's premium valuations after 2024's beating. But more severe economic weakness requiring aggressive cuts could validate last year's recessionary fears. After powering the post-Covid rebound, tech sold off sharply as Fed tightening punished sky-high multiples. Now the sector is stuck in purgatory - waiting for clarity on if the easing cycle has enough force to revive euphoria. The first shot provided momentary optimism for tech's leadership revival. But lingering policy crosscurrents mean the rally is far from claiming full victory. YOU NEED TO WATCH THIS NEXT - PULL BACKS COULD MEAN OPPORTUNITY [AI's NEXT Magnificent Seven]( The Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years. But the Man Who Called Nvidia at $1.10 Says "AI's Next Magnificent Seven Could Do It Even Faster." [See His Breakdown of the Seven Stocks You Should Own Here.]( DailyMarketMovers.com Disclaimer Content marked as "Sponsor" may be paid for and are not endorsed or warranted by our staff or company. The content in our emails is for educational or entertainment use, and is not a substitute for professional advice or an offer to buy or sell any securities. Neither the publisher nor the editors are registered investment advisors and we do not provide personalized financial counseling. Be sure to do your own careful research and consult with your advisors before taking any action based on anything you find in this content. By opening this email or clicking any links contained, you are reconfirming your opt-in status. This is part of your free subscription. Find full terms and conditions and disclaimer here: Find full email disclosures here: DailyMarketMovers.com part of Sandpiper Marketing Group, LLC | 1519 Mecklenburg Hwy | Unit 4 | Mt. Mourne | North Carolina | 28123 | United States | 877-411-9808 [Unsubscribe]( | [Report spam]( Sent with [ActiveTrail]( software