After two years of continuous growth, Wall Street is eagerly hoping that the U.S. stock market can still be "bullish" next year.
Market sentiment remains enthusiastic, and compared to a year ago, investors have greater confidence in the USA economy.
U.S. stock market early session | The three major Indexes opened lower and then rose, with the S&P and Dow Jones turning positive first, Broadcom rebounding over 2%; Quantum Computing concept stocks made a comeback, with Rigetti up nearly 28% and QUBT ris
On the evening of the 20th in Peking time, the largest ever "Triple Witching Day" is approaching, with Options worth 6.6 trillion USD about to expire. The year-on-year increase of the USA's November PCE Index is 2.4%, lower than expected. The government shutdown crisis in the USA has resurfaced.
The Federal Reserve has entered a new phase of MMF policy, with various signals being released by local Federal Reserve Chairs.
Several regional Federal Reserve Bank presidents spoke after the Federal Open Market Committee (FOMC) announced a rate cut in December.
PCE data for November fell short of expectations across the board. Has the Federal Reserve considered the "Trump effect"?
In November, USA's PCE data showed a comprehensive cooldown, and the "third-in-command" of the Federal Reserve stated that there is a lot of uncertainty regarding future fiscal policy. Traders continue to bet that the Federal Reserve will pause interest rate cuts in January next year.
US Stock Preview | USA PCE data overall underperformed expectations, and the declines in the three major futures indices significantly narrowed; US stocks face another test: the largest "Triple Witching" day in history arrives tonight!
The latest weight loss drug's phase 3 trial results were below expectations, resulting in Novo-Nordisk A/S's shares dropping nearly 20% in Pre-Market Trading; the Trump Media Technology Group's shares fell over 4% in Pre-Market Trading as Trump transferred all his shares to a revocable REITs.
Fed's voting member Daly: Very satisfied with the expectation of two interest rate cuts in 2025.
Daly expects that the number of interest rate cuts next year will be "much fewer than we imagined" and believes that the central bank can shift to a slower approach.