Analyst: Demand for the U.S. stock market is rising, and the story is no longer just about tech stocks

ChainCatcher news, Saxo Bank analyst Charu Chanana said in a report that as concerns over geopolitical and trade tensions ease, demand for U.S. stocks is rising.

She stated that the likelihood of the Federal Reserve cutting interest rates in the coming months is increasing, which is also driving the stock market up. Many sectors are outperforming the market, indicating that this is no longer just a story about tech stocks. The S&P 500 index has risen over 4% in June.