US stocks are projected to reach record highs as Fed signals rate cut

The Feds signal a rate cut around early July causing the pre-market Nasdaq future, S&P 500 future, and Dow Jones future to rise showing an expected overall rise in US stocks today. A decrease in interest rates will allow companies to make loans and invest the money towards expanding themselves which would help stimulate economic growth in the US. When companies expand, they get a increase in revenue and profit which would help boost their stocks because of higher earnings. The positive outlook of a decrease in interest rates make investors feel confident about the market performing well.