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Investors are feeling renewed optimism as U.S. stocks surge, driven by hopes of a “soft landing” for the economy. The S&P 500 has rebounded more than 6% since the sharp sell-off earlier this month, buoyed by positive economic data that has eased fears of a recession. The recent rally is powered by stronger-than-expected reports on retail sales and inflation, sparking confidence that the Federal Reserve may be able to manage inflation without plunging the economy into a downturn. Small and mid-cap stocks, as well as tech giants like Nvidia, have seen significant gains, further reinforcing the upward trend in the market. With key events like the Jackson Hole Economic Symposium on the horizon, all eyes will be on Federal Reserve Chair Jerome Powell, whose comments could provide further insight into future monetary policy decisions. As of now, investors are scaling back their expectations for drastic rate cuts, focusing instead on steady economic momentum. Despite the positive sentiment,
