NASDAQ rallies to its September 2023 highs on the back on the Federal Reserve pausing rate hikes for 2023.

The NASDAQ returns to its September 2023 highs of 1560, after the Federal Reserve reassured the market that rates will be on hold till the end of 2023.  Despite surging employment.  Also note the 10 YR yield falling from its close of 5% on the Fed loosening up liquidity via the bond markets.  The yield is now at 4.68%.

Please refer to call out notes on chart.