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The Everything Rally Is Back. Can It Last?

The Everything Rally Is Back. Can It Last?

The Fed’s outsized rate cut has spawned a so-called everything rally. Within the S&P 500, 370 members were on track to post gains, including heavy hitters like Nvidia, up nearly 5%, and Apple, up 3.5%. Small-company stocks were big winners too, with the Russell 2000 up nearly 2%.