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Strong Technology Earnings Push Stocks Higher

Strong Technology Earnings Push Stocks Higher

February 27, 2024

The S&P 500 finished the week higher by 1.7%, while international developed (MSCI EAFE) and emerging markets (MSCI EM) notched similar gains. Minutes from the January FOMC meeting showed Fed members remain sensitive to inflationary risks and expressed a tone of patience in delivering future rate cuts. In economic data, manufacturing data (PMI) showed strength in January.

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