Tech is a 'strong play' for 2025 after the Fed's 'hawkish cut'
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The major indexes rebounded after a selloff caused by the Federal Reserve's hawkish 2025 forecast. Tech is seen as a strong play for 2025, according to Justin Haywood of Haywood Wealth Management.
December 19, 2024 | 11:00 pm
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POSITIVE IMPACT
The Technology Select Sector SPDR Fund (XLK) is likely to benefit from the rebound in major indexes and the positive outlook for tech in 2025.
The article highlights tech as a strong play for 2025, which directly benefits XLK, a tech-focused ETF. The rebound in major indexes further supports a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80