The year-end spectacle of the Federal Reserve is here: will the first phase of the interest rate cut cycle come to an end tonight?
It is widely expected in the industry that the Federal Reserve will cut interest rates by another 25 basis points in this week's meeting, and there is almost no suspense left.
US Stock Preview | Waiting in suspense! The Federal Reserve's interest rate meeting is tonight, and the three major futures indices are slightly rising; an Order from NASA! Quantum Concept stock QUBT rises more than 15% in pre-market trading, with a cumul
Citigroup supports NVIDIA: It is expected that GPUs will continue to maintain strong momentum, with ASIC accounting for 25% by 2028; Micron Technology rose nearly 2% in pre-market, and is set to release its Q1 performance after the market closes today, with Wall Street expecting EPS to turn from loss to profit.
The three reasons for the Dow's "continuous decline."
Source: Barron's Chinese Author: Joseph Adinofi Analysts believe that investors have ample reason to maintain a Call stance, with the USA economy expected to grow at a rate exceeding 3% in the third quarter. Wall Street's expectations for corporate earnings next year still reflect strong growth, and the earnings growth of companies outside of large Technology firms is beginning to catch up. On Tuesday (December 17), the $Dow Jones Industrial Average(.DJI.US)$ fell for the ninth consecutive trading day, setting the longest losing streak since 1978. Following the conclusion of the USA presidential election, there had been a strong rally in the US stock market, but this sudden reversal may cause concern for some investors.
The "premature" interest rate cuts by the Federal Reserve! Bulls are positioning for the S&P 500 Index, but risks are quietly brewing.
Despite growing concerns over the past week that a narrowing market breadth would suppress the strong rise of the S&P 500 Index, it turns out that bulls are still buying stocks ahead of the Federal Reserve's interest rate decision.
US Building Permits (Nov) 1.505M Vs 1.430M Est.
USA Current Account (Q3) -310.9B Vs -286.0B Est.; -275.0B Prior