S&P 500, Nasdaq Jointly Hit New All-Time Highs As AI-Driven Stocks Defy Gravity: What’s Driving Markets Friday?
Stock market hits record highs, tech stocks lead with all-time highs and strong economic data, Fed rate cuts unlikely.
US Consumer Sentiment Tops Estimates In January, Hits Highest Level Since July 2021: Friday’s Economic Digest
Consumer sentiment in US reaches highest level in 2.5 years despite struggling housing market. Tech stocks lead market increase while Treasury yields rise.
‘Judge Denies Effort To Remove Trump From The Ballot In Washington State’ – NYTimes
https://www.nytimes.com/2024/01/18/us/politics/trump-ballot-ruling-washington.htmlVoters had sought to disqualify the former president under the 14th Amendment, following the lead of Colorado and Maine.A judge in
AI Drives Tech Rebound, Oil Soars, Bitcoin Tumbles: What’s Driving Markets Thursday?
During midday Thursday trading in New York, U.S. stocks displayed mixed performance, with the technology sector outperforming others as investors maintained a bullish outlook on artificial intelligence, temporarily setting aside concerns about interest rates.
Strong Data Dampens Rate Cut Expectations, Lifts Dollar And Spurs Treasury Yields: Thursday’s Economic Digest
Dollar & U.S. Treasury yields surge on strong economic data. Dollar index approaches 103.52, Treasury yield reaches 4.13%.
Fed Beige Book Reveals Holiday Cheer For US Economy: Tourism Spending Runs Hot, But Real Estate Worries Surface
Fed Beige Book shows consumer resilience, higher leisure travel patterns and, at the same time, a fall in manufacturing activity.
US Stocks Sink, Tech And Real Estate Hit Hard Amid Rate Concerns, Dollar Surge: What’s Driving Markets Wednesday?
Another day of losses shook up Wednesday’s stock trading session on Wall Street.
All major U.S. stock indices in the red, as investors expressed concerns that the Federal Reserve is not in a rush to reduce interest rates early this year.
China Property Slump: New Home Prices Fall At Fastest Pace In Nine Years
China's aging population will continue to have an impact on property sector.
‘Pakistan Condemns Deadly Iranian Missile Strike On Its Territory’ – CNN
https://www.cnn.com/2024/01/17/middleeast/iran-missile-attack-pakistan-intl-hnk/index.html#:~:text=Pakistan%20has%20strongly%20condemned%20an,airspace%E2%80%9D%20and%20warning%20of%20retaliation. Pakistan has
VIX At 2-Month High: Fears Mount As Markets Re-Assess Rate Cut Premium
The recent increase in the VIX may be partly influenced by one of several factors, including changing expectations around Federal Reserve interest rates, similar to what influenced its decline in October.