Despite What You're Told, the Santa Rally Isn't Here Yet

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[Digital Daily Reporter Park Ki-rok] Despite the Federal Reserve's 0.25%p interest rate cut, the Nasdaq's three major indices all fell, with the continued slowdown in major technology stocks. Furthermore, the resurgence of the "AI bubble" theory following the interest rate cut has weakened expectations for a December Santa Rally. Attention is focused on whether this trend will also impact the domestic stock market at the end of the year. On the…