Copiers : 4 Followers : 28 Since Sep22 : +52% while NSDQ : +51% SP500 : +30% Dear Etorians, 03/01/24 The $SPX500 and $NSDQ100 rose Friday as chipmakers extended gains thanks to the continuing artificial intelligence frenzy. Dell climbs more than 28%. While falling Treasury yields and remarks from Federal Reserve officials provided an additional boost. Added to this is the ISM data. While economists expected it to be at 49.5, the ISM fell to 47.8 in February, compared to 49.1 in January, weighed down by the decline in the new orders sub-index which indicates a decline in request. This worse-than-expected statistic reinforced the scenario of a first rate cut in June.