The Foundation of the U.S. Economy Appears to Be Breaking, and Wall Street Has Turned a Blind Eye

Despite a bumpy beginning to April, 2025 has shaped up as another banner year for Wall Street's major stock indexes. The benchmark S&P 500 (SNPINDEX: ^GSPC), growth stock-dominated Nasdaq Composite (NASDAQINDEX: ^IXIC), and ageless Dow Jones Industrial Average (DJINDICES: ^DJI) have all logged several record-closing highs this year.There's little question that hype surrounding the evolution of artificial intelligence has powered all three indexes higher. Empowering software and systems with the tools to make rapid decisions without the need for human oversight or intervention is a potential game changer for most industries around the world.Investors are also excited about the Federal Reserve's ongoing rate-easing cycle. Lowering interest rates makes borrowing less costly for businesses, which can lead to increased hiring, more spending on innovation, and an uptick in merger and acquisition activity.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool