US Regional Banks Set To Erase All Losses Post SVB Fallout: Can They Maintain Momentum In 2024?
Regional banks enjoy an uptrend as stocks reach levels reminiscent of those during the onset of the Silicon Valley Bank crisis in March.
Cathie Wood’s Ark Invest Buys Tesla, Meta Shares Amid Market Volatility — Sells Coinbase And Grayscale Bitcoin Trust Shares
On Wednesday, Cathie Wood-led Ark Invest made a significant move in the stock market, notably increasing its stake in Tesla Inc (NASDAQ:TSLA).
VIX Index At Three-Year Lows: Does Wall Street’s Fear Gauge Foresee A 2024 Stock Rally?
the VIX at current levels is responding to the high levels of risk appetite present in the financial markets following a strong couple of months for equities
Wall Street Edges Higher, Small Caps Eye Best Month In 3 Years, Bitcoin Rebounds: What’s Driving Markets Wednesday?
Stocks inched higher during midday trading in New York on Wednesday, with the momentum carrying over from the previous day when the tech-heavy Nasdaq 100 achieved fresh record highs.
5 ETFs To Keep An Eye On As Market Anticipates Fed’s Preferred Inflation Gauge This Friday
The November release of the Personal Consumption Expenditure (PCE) price index stands as the most eagerly anticipated economic event this week. Investors and Fed watchers closely monitor this event, as it provides insights into the future interest rate path.
Long-Duration Treasury Bonds Enter Bull Market: What Lies Ahead In 2024?
Long-duration Treasury bonds have recovered from a bear market, leading to a 20% rally from October lows.
End-Of-Year Rally For Oil As Red Sea Tensions Drive Up Shipping Costs
Oil prices up 9% in past week due to Middle East tensions, BP suspending shipments.
A Month After Xi Jinping Meets With Iowan Farmers, China’s Outsized Impact On US Commodity Markets Is Made Clear With Historic Buying Spree
Big Purchase Between October and mid-December 2023, China purchased a massive amount of wheat, totaling 60 million bushels.…
US Mortgage Rates Drop To 6-Month Low: A Turning Point For The Housing Market?
Mortgage Bankers Association data indicates a significant drop in mortgage rates, hinting at improved affordability and a potential revival in the housing market.,Treasury bond yields have dropped, pushing long-term mortgage rates lower.
‘Magnificent 7’ Widens Gap With Rest Of S&P 500, But That May Change In 2024
The Mag7 is up 75% over the year, while the S&P 493 — the S&P 500 minus the Mag7 — is up just 12%