November CPI Data Takes Center Stage Ahead of Fed Meeting: Will Disinflation Excitement Persist?
Economists expect Nov CPI data to show slowest inflation rate since June & set the stage for a potential eventful Fed Dec meeting.
Hedge Fund Housing Ban: A Game-Changer For The US Single-family Home Market?
Democrats in Congress proposed bill that could end hedge funds' interference in US single-family home market; proposed bill would bar them from owning such properties in the future.
Stock Market Inches Higher, AI Race Heats Up, Jamie Dimon Slams Bitcoin: The Week In The Markets
U.S. stock market managed to close its sixth straight week of gains, with S&P 500 at highest level since January 2022.
US Stocks Reacts To Upbeat Economic Data, Dollar Rebounds As Yields Surge: What’s Driving Markets Friday?
Wall Street extended its gains on Friday as better-than-anticipated economic data alleviated concerns of an impending economic slowdown.
US Consumer Sentiment Sharply Rebounds In December, Up 16.1% Year-Over Year; Inflation Expectations Decline
In December 2023, consumer sentiment index rose to 69.4, significantly exceeding economists' expectations and resulting in U.S. stock market gains of up to 1.3%.
Index Futures Fall, Dollar Rallies As Labor Market Strength Dampens Fed Rate Cut Speculation
U.S. equity futures take a sharp downturn after unexpected strength in labor market, with traders questioning aggressive rate cut bets & traders adjusting expectations for a Fed rate cut in March 2024 to 49% chance.
November Jobs Report Outruns Expectations, Unemployment Drops, Jeopardizing Rate Cut Bets
This latest jobs report could potentially jeopardize aggressive market bets on a wave of Federal Reserve interest rate cuts in 2024 that are driven by concerns about an economic slowdown.
Two Months After Hamas Attacks, Gaza Conflict Intensifies As Ceasefire Efforts Falter
Two months after Hamas attacks, US President Biden, UNSC & King of Jordan call for ceasefire. Israeli stocks rise, US envoy to UN against ceasefire. Investigations into civilian casualties & use of phosphorus munitions. UNSC to convene tomorrow.
Wall Street Revels In Gains As AI, Tech Titans Surge; Dollar Plunges Against Yen: What’s Driving Markets Thursday?
Wall Street was enjoying a bullish Thursday afternoon, propelled by AI stocks and tech giants, as investors grew increasingly optimistic about the disruptive technology.
S&P 500’s Hidden Gems: 27 Stocks With 30%+ Upside Potential According To Wall Street Analysts Targets
Fifty-six percent of S&P 500 companies have shown positive performance in 2023 and 44% retreated Moderna Inc. (NASDAQ: MRNA) offers the highest upside potential (58%).