CryptoWorld News reports that, according to a tweet from CNBC: Market analyst Ed Yardeni believes that driven by strong corporate earnings and expectations of Federal Reserve rate cuts, the Dow Jones Industrial Average will soon reach 50,000 points and is expected to hit 70,000 points by the end of this decade. He emphasizes that the long-term benefits of AI technology for productivity growth are supporting the continued strength of the stock market.
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CryptoWorld News reports that, according to a tweet from CNBC: Market analyst Ed Yardeni believes that driven by strong corporate earnings and expectations of Federal Reserve rate cuts, the Dow Jones Industrial Average will soon reach 50,000 points and is expected to hit 70,000 points by the end of this decade. He emphasizes that the long-term benefits of AI technology for productivity growth are supporting the continued strength of the stock market.