Rising interest rates have led to soaring deficits. Is the USA the first to "struggle"?

In the first quarter of fiscal year 2025, the federal government budget deficit of the USA reached 711 billion USD, a year-on-year increase of 40%, and government spending also hit a record 1.8 trillion USD, up 11% year-on-year.

wallstreetcn34minutes ago

Today's CPI is very significant for the U.S. stock market.

Citigroup expects that the S&P 500 Index will experience a 1% fluctuation after the CPI data is released, and this implied volatility is comparable to the upcoming Federal Reserve interest rate decision day (January 29), already surpassing the next non-farm day (February 7).

wallstreetcn48minutes ago

Futu Morning Report | USA's December PPI unexpectedly cools down! Wall Street nervously prepares for CPI release day; quantum computing stocks rebound strongly, RGTI surges 48%.

In December, the USA's PPI unexpectedly cooled, growing by 0.2% month-on-month. The year-on-year growth of the December PPI and core PPI were 3.3% and 3.5% respectively, both the highest growth rates since February 2023; Biden has signed another executive order to accelerate the development of AI infrastructure.

Futu News08:17

US stocks closed with mixed results | The three major Indexes had varied performances, Quantum Computing stocks rebounded sharply, with RGTI surging 48%; China Concept Stocks saw a general increase, with Xiaopeng Autos rising nearly 7%.

① The seven tech giants all fell, with Meta down more than 5%; ② China Concept Stocks collectively rose, with the Nasdaq China Golden Dragon Index up 2.10%; ③ Eli Lilly and Co fell 6.6%, marking its worst single-day performance since March 2021.

cls.cn07:13

U.S. Stocks Choppy Ahead of CPI, Bank Results -- Market Talk

WSJ05:04

Bulls Vs. Bears: With Wall Street off to a Rocky Start in 2025, What's Next for the S&P 500?

Seeking Alpha02:52