Tech Rout? Consider These Beaten-Down Sectors for a Potential Soft Landing Play

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Tech Rout? Consider These Beaten-Down Sectors for a Potential Soft Landing Play
Ishares Russell 2000 ETFThe Technology Select Sector SPDR® FundThe Utilities Select Sector SPDR® Fund
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Stocks Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500, iShares Russell 2000 ETF, The Technology Select Sector SPDR® Fund, The Utilities Select Sector SPDR® Fund. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.

Amid the building anticipation, tech stocks have been faltering.worries are taking a backseat for investors as market dynamics shift and fresh opportunities emerge. The Federal Reserve's stance is also changing, with an upcoming rate cut no longer seen as an emergency measure but a necessary adjustment.

However, the second leg of the pullback has investors worried about a broader selloff. This correction could present an opportunity to add stocks from these ignored areas of the market.In 2019, the Fed reversed course, cutting interest rates after raising them throughout the previous year. This shift came in response to a slowing economy, creating space for a more accommodative policy.

The data reveals a key takeaway: interest rate cuts aren't synonymous with recession. While some cuts do coincide with recessions , many others occur without a downturn.Looking ahead to the Fed meeting on July 31st, the graph offers valuable insights. Historically, equities, like the S&P 500, tend to rally in the 3-6 months leading up to the first rate cut .

However, the key question remains: will the Fed achieve a"soft landing" this time? A preemptive rate cut to maintain economic stability could support an uptrend for stocks. Conversely, a"hard landing" with a more aggressive rate hike would likely weigh negatively on equities.

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Ishares Russell 2000 ETF The Technology Select Sector SPDR® Fund The Utilities Select Sector SPDR® Fund

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