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Stock Market Tags New Highs, Inflation Fight Continues (February Issue)
![Stock Market Tags New Highs, Inflation Fight Continues (February Issue) Stock Market Tags New Highs, Inflation Fight Continues (February Issue)](https://i0.wp.com/imageio.forbes.com/specials-images/imageserve/65d8c777945858b42ba786b8/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds&w=780&resize=780,470&ssl=1)
Besides the buying frenzy associated with AI that drove the “magnificent seven” large-cap tech stocks to massive gains, the overall stock market had been buttressed by expectations that the Fed would make a quick pivot from its cessation of rate hikes to outright cuts. The stock market is now grappling with the reality of interest rates remaining higher for longer.
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