Beneficiaries of the Fed's rate-cutting cycle dominate the list of top-performing Club stocks in the third quarter.
Less than two months ago, Wall Street was in the thick of a global market sell-off, with fears of a U.S. recession intensifying. Now the S & P 500 is on the doorstep of its fourth positive quarter in a row, the longest such streak since 2021. What a difference a little time makes. The best-performing Club stocks during the topsy-turvy third quarter are all outside the "Magnificent Seven" and AI-winner complexes. A couple names rode the wave of rate-cut optimism.
The New York Stock Exchange welcomes DEWALT , on May 14, 2024, in celebration of its 100th anniversary of founding. To honor the occasion, Donald Allan, Jr., President & CEO of Stanley Black & Decker, joined by Chris Taylor, NYSE Global Head of Advisory, rings the Opening Bell®.Less than two months ago, Wall Street was in the thick of a global market sell-off, with fears of a U.S. recession intensifying.
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