The Fed's interest rate cut ignites a "honeymoon trend" in US stocks! Wall Street optimistic about the continuing uptrend driven by the AI boom.

According to the Securities Times app, spurred by the Federal Reserve's first interest rate cut this year, the US stock market soared to a historic high last week. Optimism surrounding a looser financial environment and the artificial intelligence (AI) boom is driving up US stocks, breaking the reputation of weakness that US stocks have had in September. Some strategists describe this trend as a short-term "honeymoon bounce".