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Professionals: Demand for US stocks is rising, and market trends are no longer limited to the technology sector.
Gate News bot reports that according to Saxo Bank analyst Charu Chanana in a recent study, demand for U.S. stocks is rising as concerns over geopolitical and trade tensions ease.
CharuChanana stated that the possibility of the Federal Reserve cutting interest rates in the coming months has increased, which has also driven the stock market higher. It is worth noting that the performance of multiple sectors has surpassed the overall market, indicating that the current market trend is no longer limited to technology stocks. Data shows that the S&P 500 index has risen by over 4% in June.