#GUSD双重收益

The stock market remains near historical highs, while bonds have fallen, as consumer data has not changed expectations for a rate cut by the Federal Reserve next week.

The Nasdaq index closed up 0.44% on Friday, led by Tesla. The S&P 500 index hovered near the breakeven point. On Thursday, all three major indices hit record highs, with the Dow Jones index breaking 46,000 points for the first time. This week, all three major U.S. stock indices have risen.

Consumer confidence has dropped to its lowest level since May, while long-term inflation expectations have risen. Previously, data painted a picture of a slowing labor market, leading investors to strongly favor three interest rate cuts this year.