Recent stock market activity highlighted notable movements among heavily traded stocks, including SMCI, Micron Technology, MicroStrategy, Lucid, and newly-listed Reddit. Investor sentiment regarding the S&P 500 index's future varies, with a mix of expectations ranging from decline to growth by the end of 2024. Major institutions like Goldman Sachs and Societe Generale predict a bullish market driven by tech growth, AI optimism, and significant stock buybacks, alongside potential interest rate cuts. The Federal Reserve's current stance and global rate adjustments have led to market fluctuations, with upcoming events such as U.S. CPI data releases, central bank decisions, significant AI conferences, and the beginning of the earnings season expected to influence future market dynamics.
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