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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.

AON

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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.

IWM

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Tech Stocks Set New All-Time High, Small Caps On Fire As Wall Street Bulls Run Wild: What’s Driving Markets Tuesday?

Tuesday, December 19, 2023, stands now as a remarkable day in Wall Street’s history, as the technology stocks of the Nasdaq 100 mark a significant milestone, surging to new highs after a hiatus of 758 days since their previous peak.

AAPL

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Federal Reserve Official Cautions Markets On Premature Interest Rate Cut Expectations

Senior Fed official cautions markets may be anticipating too early rate cuts. Fed's December 'dot plot' indicated median preference for federal funds rate at 4.6%, implying reduction of 75 basis points. Market sentiment leans towards rate cuts, but Fed Chair Powell acknowledged possibility of rate reductions.

UTEN