most of the stock is overvalued, and it was supposed to go down at some point
The three major U.S. stock indexes collectively closed higher, Microsoft, Meta, and Apple announced financial reports, and the Federal Reserve may maintain monetary policy unchanged
In the past week, the three major U.S. stock indexes collectively closed higher. The Dow Jones Industrial Average rose 2.15%, the Nasdaq Composite Index rose 1.65%, and the S&P 500 Index rose 1.74%. Since the beginning of this year, the above three major stock indexes have risen by 4.42%, 3.33%, and 3.73% respectively. In addition, Microsoft, Meta, and Apple announced earnings. The Federal Reserve will announce its interest rate decision and is expected to keep the existing monetary policy unchanged.
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