The S&P 500 experienced a month of tight trading range volatility due to uncertainty surrounding interest rates. Breaking the trend, on Friday, the S&P 500 achieved its first record close in over two years, setting a new intraday record after being confined within a narrow trading range for almost a...
Investors are bracing for a cool reception after an extended holiday weekend, as stock futures dip alongside rising bond yields following hawkish remarks from European policymakers on Monday. While the expected victory of former President Donald Trump in Iowa has generated discussions about a potentially tumultuous election year (refer to...
Deutsche Bank’s analysis points out that historically, a 1.5 percentage point reduction (equivalent to 150 basis points) in interest rates by the Federal Reserve has typically been linked to economic recessions. Investors, hopeful for a gradual economic slowdown, find solace in the market’s anticipation of the Fed implementing such rate...
Stock investors have had a tumultuous beginning to the new year, grappling with uncertainties surrounding the Federal Reserve’s 2024 interest-rate cuts in terms of timing and magnitude. The impressive nine-week winning streak across all major U.S. stock indexes abruptly ended on Friday. This shift was prompted by unexpectedly strong job...
The technology stocks index has experienced a decline for the fifth day in a row, making it the longest period of consistent losses since October 2022. Thursday saw a decline in the majority of U.S. stocks, with the Nasdaq Composite, mainly comprised of technology stocks, experiencing its fifth consecutive drop,...
Kriss Kringle broke tradition by skipping Wall Street for the first time since the 2015-16 period, signaling an unexpected departure from the typical Santa Claus presence in the financial realm. The renowned “Santa Claus rally,” typically observed during the final five trading days of a calendar year and the initial...
