Stocks Tumble As Traders Rethink Santa Rally, Crude Tops $70, Bitcoin Slips To $94,000: What's Driving Markets Friday?
With Trump's inauguration and the non-farm payroll data coming in, will the market face numerous risks in January next year?
Do not let your guard down! The market will face several major events at the beginning of 2025...
Major Indexes Are Lower Amid Weakness in Tech Stocks.
U.S. stocks in the early market | The Nasdaq fell over 2%! The fear index VIX surged 23%; Growth Tech stocks fell broadly, with Tesla down nearly 5%, NVIDIA and Netflix down 3%; Drone Concept stocks had mixed results, with SES still up over 40%.
Cryptos concept stocks broadly declined, with Bitcoin approaching the $95,000 mark, and Coinbase falling over 3%; Kingsoft Cloud's US stock reached a nearly three-year high, and Xiaomi is working on building a GPU cluster with ten thousand cards, heavily investing in AI large models.
The US stock market is expected to reach new highs in 2025. How to seize the opportunity? The three most loved Index component stocks on Wall Street have been revealed!
Bank of America stated that technology giants are likely to continue outperforming the Large Cap by 2025. The bank's derivatives Analyst, Benjamin Bowler, explained that interest rate cuts and the ongoing AI boom could lead to further gains for large technology companies in the United States.
U.S. stock market preview | The small-cap bull market continues! The Drone Concept stock SES is up nearly 60% in pre-market trading, while the Chinese concept stock Kingsoft Cloud is up 16% in pre-market.
Netflix's Christmas NFL live broadcast was a great success, but the premiere of the new season of "Squid Game" did not perform as well as expected; the release of images by "Roaring Kitty" stimulated GameStop to rise nearly 6% overnight, but it dropped nearly 2% in pre-market trading.