New York, NY: Dow Jones futures, S&P 500 futures, and Nasdaq futures are set to open Sunday evening following a week of strong gains for major indexes, reaching new all-time highs.

The recent market rally can be attributed to two key driving factors since the end of October: expectations of Federal Reserve rate cuts and the continuous growth in artificial intelligence technology.

In the previous week, the Federal Reserve confirmed plans for three rate cuts in 2024. Tech giants like Nvidia, Broadcom, and Microsoft showcased positive developments in AI, while Micron Technology reported unexpected profits and strong guidance due to AI advancements.

Stocks such as Nvidia, Broadcom, and Micron saw significant gains last week, bolstered by the enthusiasm around AI. Meanwhile, Microsoft reached new highs but remains viable for investors.

Strong performance was observed across various sectors, with many stocks showing buy signals, including in the financial industry.

Leading companies like Uber Technologies, Eli Lilly, and CrowdStrike Holdings are currently positioned for growth despite being in consolidation phases.

Investors are advised to make strategic incremental investments in actionable stocks, avoiding overextension in the AI sector.

The market saw notable growth last week, with major indexes like the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all reaching record highs.

While some ETFs experienced gains, it is essential for investors to analyze market trends carefully before making significant financial decisions.

AI stocks like Nvidia, Broadcom, Micron, and Microsoft have shown remarkable performance, contributing to the overall market positivity.

Investors are encouraged to remain cautious, making informed decisions when considering new investments and closely monitoring market indicators.

In summary, the recent market rally signifies promising opportunities for investors, with several stocks displaying favorable trends and potential for growth. By staying informed and strategic, investors can navigate the market effectively and capitalize on emerging opportunities.