The Nasdaq just logged its best quarter since 2020, powered higher by Nvidia and Meta
just wrapped up its best quarter almost three years, powered higher by outsized gains from some of the best-known US tech stocks.
The rally in tech stocks has been fueled mainly by growing expectations that the Federal Reserve is close to ending its interest-rate increases, as it looks to protect financial stability amid banking-sector jitters triggered byJust under 50% of traders now expect the Fed to pause its tightening campaign at its next meeting in May, according to
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