
Strong gains were observed in the S&P 500 today, while numerous short positions were forced to cover in the Nasdaq. Yesterday, former President Donald Trump predicted that the stock market would experience growth. Today, Federal Reserve Governor Christopher Waller, known for his hawkish views, highlighted early signs of disinflation and recommended maintaining the current interest rate at the upcoming policy meeting. This represented a shift from his previous inclination toward raising rates sooner, contributing to a sharp increase in the S&P 500.
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2September 3, 2026 3.3K 2