30 days after the 1st rate cut since 1995, the #SP500 showed minimal change, gaining an avg of 0.4%. #Defensive & interest-sensitive sectors like #CommunicationServices #ConsumerStaples #RealEstate & #utilities⬆️, while #EconomicallySensitive sectors had #weaker increases.
January 10, 2025 at 9:31 AM
30 days after the 1st rate cut since 1995, the #SP500 showed minimal change, gaining an avg of 0.4%. #Defensive & interest-sensitive sectors like #CommunicationServices #ConsumerStaples #RealEstate & #utilities⬆️, while #EconomicallySensitive sectors had #weaker increases.