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Stock market today: Nasdaq jumps, aims for record as stocks kick off final month of banner 2024

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The article from Yahoo Finance discusses the stock market's performance as it enters the final month of 2024. The Nasdaq is leading the charge, aiming for a record high, driven by strong performances in technology stocks. The market's optimism is fueled by expectations of continued economic growth, favorable earnings reports, and potential interest rate cuts by the Federal Reserve. Despite some sectors like energy and utilities lagging, the overall market sentiment remains bullish, with investors focusing on tech giants and AI-driven companies. The article also touches on broader economic indicators, including employment data and inflation rates, which suggest a robust yet cooling economy, potentially setting the stage for a soft landing.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/live/stock-market-today-nasdaq-jumps-aims-for-record-as-stocks-kick-off-final-month-of-banner-2024-130323444.html ]


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