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Industrial Shares Show Strength in Broadening Stock Market Rally | Analysts Optimistic about Fed...

Industrial shares are showing strength as evidence of a broadening stock market rally emerges. Analysts are optimistic about a potential pause in the Fed's interest rates next week, and some even see a smaller chance of a US recession in 2023. According to Art Hogan, an analyst at B. Riley Financial, the rally is broadening and investor confidence in the Fed's decision to not hike rates after subsequent meetings in 2023 is increasing.