Investors Keep Faith in the AI Trade but May Need Fed Rate Cuts to Remain Steadfast

U.S. stock markets have been missing a key component that could reverse this week’s worrying selloff heading into the start of Friday’s trading session, but investors still seem to believe in the record-setting rally picking up steam over the final stretch of the year. “Much of the market’s optimism hinges on the assumption that policymakers will maintain some level of support,” she added.