RE: NASDAQ 100 - 9.16.2024

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NASDAQ 100 - 9.16.2024

in hive-196917 •  14 days ago 

Thank you @rtytf2 for sharing insights on the market dynamics of the NASDAQ 100 ahead of the FOMC policy announcement. Indeed, as the interest rate decision approaches, uncertainty and tension in the market are increasing. Historical data shows that FOMC's interest rate decisions typically have a significant impact on the stock market, especially on the technology-heavy NASDAQ 100 index. In past cases, adjustments of either 0.25 or 0.5 percentage points could trigger short-term volatility. However, long-term effects often depend on expectations for economic growth, corporate profitability, and overall market confidence.

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