Equity market bets on Fed rate cuts
The US stock market continues to anticipate Fed rate cuts, which supports the S&P 500's advance.
Goldman Sachs analysts forecast a 2% rally by year-end, based on favorable economic projections.
Investors believe that a dovish monetary policy will become a key driver of growth.
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Tech sector supports stock index growth
US stock indices rose on optimism in the technology sector and expectations of lower interest rates.
The S&P 500 gained 0.21%, supported by positive signals from the Asian region.
Sustained interest in technology companies continues to bolster the market even amid uncertainty.
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