the midterm election is happening at early nov so i doubt there will be a sept rate hike to reduce trump's votes.
QQQ Gains 1.8% — Did Iran Talks Drive the Dow to a Record High?
QQQ rose 1.76% Monday while the S&P 500 gained 1.48% and SPY advanced 1.42%, as the Dow Jones Industrial Average closed at a record high driven by a combination of Mag 7 strength and declining oil prices. The rally was fueled by optimism around Iran negotiations alongside risk appetite ignited by Trump's commentary. However, the semiconductor ETF just posted its worst single month since 2002, and some institutions are warning this may be a dead-cat bounce. With indexes at record highs while chips remain in the deep end, is this rally built on solid ground?
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