why is wall street going up?
Because some people, called traders, are excited about a report that is coming out soon. This report is about how much stuff people bought in the stores in August. If the report says that people bought a lot of stuff, then traders think the stock market will go up. And when the stock market goes up, Wall Street goes up too! Read from source...

This article provides a mixed bag of information and insight, with some aspects displaying more clarity and balance than others. The article outlines some positive signs for the U.S. equity market, with a mixed performance from the S&P 500 Index, Dow Industrials, Nasdaq Composite and the Russell 2000 Index. Furthermore, the article highlights that traders could be looking towards the tech space for a potential rebound, given the recent pullback in tech stocks. However, the article's discussion of potential Fed rate cuts shows a more divided and less informed perspective, with some analysts offering vague, less informed opinions. Despite this, the article provides some useful insights, such as Morgan Stanley's Seth Carpenter's expectation of a more modest 25 basis-point reduction instead of a 50 basis-point cut. In conclusion, while the article displays some useful insights and information, it could have provided a more balanced and informed perspective on the Fed rate cut discussion. The article's overall quality could have been improved by reducing its inconsistent and mixed quality, presenting a clearer and more informed perspective.

bearish
Source: Benzinga
Summary: U.S. stocks could start higher on Tuesday as traders look to take advantage of recent tech stock weakness. However, expectations of a 50 basis point cut on Wednesday are causing uncertainty regarding where the market will head in the event of a smaller reduction. Most believe the state of the labor market and economy will take precedence over the rate trajectory going forward. Morgan Stanley's Chief U.S. Equity Strategist, Mike Wilson, believes the labor/growth data will be more important to how stocks trade over the next few months. If the labor/growth data strengthens from here, a series of 25 basis point rate cuts into the middle of next year can further support valuations in a "late cycle" context. However, if the labor data weakens from here, the market could trade with a risk-off tone regardless of whether the Fed's first move is 25 or 50 basis points.

Including Benzinga's proprietary quantitative models, and well-rounded research from its team of financial experts. Trading tips and strategies: Insights into trading psychology, risk management, and timing the market. Market news and data: Timely and actionable information about stock market movements, global economics, and geopolitical risks. Professional portfolio tools: Customize portfolios, track and compare performance, and receive actionable alerts. Alerts and notifications: Real-time push notifications for breaking news, market-moving events, and personalized watchlists.### DAR:
The start of the week has brought some positivity to the US equity markets, with traders looking forward to the release of the August retail sales data. It remains to be seen where the market would head in the event of a smaller reduction in interest rates, although most believe that the state of the labor market and economy will take precedence over the rate trajectory going forward. The market and experts are divided over the magnitude of the rate cut, but a 25 basis-point cut could trigger an initial negative reaction. A disappointing retail sales report could tilt the scales toward a bigger cut on Wednesday, but so far, the market is comfortable with the Fed funds rate reaching the three-handle by the middle of next year.### DON:
US stocks are set for a positive start on Tuesday ahead of the release of the key August retail sales report. Traders could flock to the tech space as they seek to take advantage of the recent pullback. The market and experts are divided over the magnitude of a rate cut, but a 25 basis-point cut could trigger an initial negative reaction. That said, most believe that the state of the labor market and economy could take preeminence over the rate trajectory, going forward. The August retail sales data could be on traders’ radar on Tuesday. Fund manager Louis Navellier said a disappointing report could tilt the scales toward a bigger cut on Wednesday.