{"id":2297,"date":"2024-11-07T18:53:32","date_gmt":"2024-11-07T18:53:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2297"},"modified":"2024-11-07T18:53:32","modified_gmt":"2024-11-07T18:53:32","slug":"nasdaq-100-extends-record-levels-ahead-of-fed-meeting-tesla-hits-26-month-highs-small-caps-stall-whats-driving-markets-thursday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2297","title":{"rendered":"Nasdaq 100 Extends Record Levels Ahead Of Fed Meeting, Tesla Hits 26-Month Highs, Small Caps Stall: What&#8217;s Driving Markets Thursday?"},"content":{"rendered":"<div>\n<p>After Wednesday\u2019s \u201ceverything rally\u201d spurred by the election results, investors took a less euphoric approach on Thursday ahead of the <strong>Federal Open Market Committee<\/strong> (FOMC) meeting.<\/p>\n<p>The Fed is widely expected to cut interest rates by 25 basis points, bringing them to a range of 4.5%-4.75%, following a previous 50-basis-point cut in September.<\/p>\n<p>Yet, all eyes are on<strong> Fed Chair Jerome Powell\u2019<\/strong>s comments at 2:30 p.m. ET regarding the potential for future rate hikes and his views on inflation risks. Concerns from the market center on the possibility of a policy U-turn driven by higher fiscal deficits and price pressures from trade tariffs under a Trump administration.<\/p>\n<p>Tech stocks led gains, with the Nasdaq 100 extending its record-breaking levels, surpassing 21,000 points and eyeing a third consecutive positive session. &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41819318\/nasdaq-100-extends-record-levels-ahead-of-fed-meeting-tesla-hits-26-month-highs-small-caps\" alt=\"Nasdaq\" extends record levels ahead of fed meeting tesla hits highs small caps stall: what driving markets thursday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After Wednesday\u2019s \u201ceverything rally\u201d spurred by the election results, investors took a less euphoric approach on Thursday ahead of the Federal Open Market Committee (FOMC) meeting. The Fed is widely expected to cut interest rates by 25 basis points, bringing them to a range of 4.5%-4.75%, following a previous 50-basis-point cut in September. Yet, all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2297","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2297"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2297\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}