1. The U.S. Federal Reserve's first interest rate cut in September was a major focus for market participants. 2. Gold prices reached new highs almost every month this year, leading to a positive mood at the Gold Forum Americas and Precious Metals Summit. 3. Gold averaged a new record quarterly price in Q3 2024 of $2,474 per ounce, representing a 100% margin expansion from Q3 2023.
Recent #Interest Rate Cut news in the semiconductor industry
1. The Federal Reserve cut interest rates for the first time in four years, signaling confidence in low inflation; 2. Homebuilders, Tech, and Financials are set to benefit from the rate cut; 3. The market typically falls after the first rate cut, but history suggests a rally follows, presenting a buying opportunity; 4. SA Quant has identified five top-rated stocks with positive factor grades to capitalize on the reduced rate environment.