Stocks rebound on US optimism, but data will say the last word [Video]
|Sentiment is everything. Last week, strong US earnings couldn’t lift stocks — even lower yields failed to spark appetite. This week, things flipped: TSMC’s slowing sales didn’t stop its shares from rising, Nvidia jumped nearly 6%, and the S&P 500 rallied 1.5%. It’s not about data — it’s about mood. Investors are reading headlines through the lens of US political drama, data drought and Fed uncertainty. Even gold is acting like a meme stock, rallying 3% despite risk rally and higher yields. As the US government reopens, a flood of delayed data will test whether inflation is cooling and if the Fed will finally cut rates in December. Until then, markets are running on vibes — not numbers.
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