The US stock market is growing in anticipation of a Fed rate cut

US indexes opened higher on Monday amid expectations that the upcoming Fed rate cut decision will give a new impetus to the markets. 

The S&P 500 gained 0.2% due to shares in the IT sector and consumer goods companies, the Nasdaq 100 rose 0.6%, while the Dow Jones declined 0.2%.

Among the trading leaders is EchoStar, whose securities jumped sharply after the $17 billion deal with SpaceX. Goldman Sachs and Morgan Stanley experts predict that the Fed's soft policy will support further growth: in particular, the S&P 500 may gain up to 6% by mid–2026, and shares of small-cap companies will receive a powerful boost.

According to JPMorgan analysts, even a possible increase in inflation will not stop the Fed from cutting rates. An additional factor in investor confidence was the rally in the gold market: precious metal quotes reached a new record of $3,657 per ounce.