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Wall Street Week Ahead: Expected US rate cuts have investors looking beyond big tech
Looming U.S. interest rate cuts are challenging investors to choose between continuing to invest in high-performing Big Tech stocks or diversifying into less favored market areas that could benefit from easing monetary policy. Recent market movements suggest a potential shift, as small caps and economically sensitive sectors show gains amid expectations of lower rates, while tech stocks face declines reminiscent of the late 1990s dot-com bubble.