Published on 11 Nov 2024 on Benzinga
U.S. stocks could get off to a positive start on Monday after the averages registered their best week this year following the reelection of Donald Trump.
After witnessing heightened volatility in the run-up to the high-voltage 2024 presidential elections, and the Federal Open Market Committee's (FOMC) rate decision, Fed chair Jerome Powell remained cautious in his approach, but delivered the 25 basis point cut that was widely expected by experts and investors.