Weekly Preview | The China-US December PMI data is coming with great significance! Due to the New Year's Day holiday, the Hong Kong stock market will be closed for a day and a half, while the US stock market will be closed for one day.
In December, the USA's ISM Manufacturing PMI and the weekly initial jobless claims data will attract market attention. China's comprehensive PMI, official manufacturing PMI, non-manufacturing PMI data, etc., will also be released.
Global enterprises are "fully powered" to borrow money! The scale will reach 8 trillion dollars in 2024, setting a record.
Bankers stated that low financing costs were the initial reason for companies to choose to issue Bonds early, as they wanted to avoid the market volatility risks that could arise around the USA elections. However, after Trump's election victory, the market's credit spreads further narrowed, prompting some companies to decide to lock in their borrowing needs for the following year in order to secure funds under favorable market conditions.
Year-end review of the US stock market: The seven giants continue to surge, and investors prepare for Trump 2.0.
In 2024, the US stock market is driven by the AI boom, the Federal Reserve's interest rate cuts, and strong economic growth, with the three major indices reaching new highs: the S&P 500 Index up 25% for the year, the Nasdaq Composite Index up 31% for the year, and the Dow Jones up 14% for the year; following Trump's return, a series of policies are expected to create huge waves, and the Federal Reserve's comments indicating a slowdown in interest rate cuts have already disturbed the market.
S. Korea's MBC News Reports 47 Dead In Crash Of Boeing 737-800 At Muan Airport With 181 On Board
Wall Street's most optimistic annual outlook: a bull market for the third consecutive year, with the S&P expected to rise to 7,077 points next year.
The year 2025 will be the "Year of the Ox 3."
Wall Street Bounces Back in Christmas Week, With S&P on Track for Banner Year