XTB's Kathleen Brooks said in a report that the US stock market performed better than the European stock market this week, supported by rising interest rate cut prospects. The easing of the Middle East conflict, the easing of tariff pressure, and the focus on technology stocks have also led the US stock market to outperform European stocks. The focus is on the US personal consumption expenditure data to be released tonight. “Unless there is a sharp unexpected upward trend in the data, this momentum could push the S&P 500 index to a new high.”

XTB's Kathleen Brooks said in a report that the US stock market performed better than the European stock market this week, supported by rising interest rate cut prospects. The easing of the Middle East conflict, the easing of tariff pressure, and the focus on technology stocks have also led the US stock market to outperform European stocks. The focus is on the US personal consumption expenditure data to be released tonight. “Unless there is a sharp unexpected upward trend in the data, this momentum could push the S&P 500 index to a new high.”