Is the U.S. stock market welcoming the best presidential term start in 40 years? Wall Street: It's simply an unexpected delight……
① Whether it's the U.S. stock market or Global investors, there seems to be quite a bit of excitement in the first week of Trump's presidency... ② The S&P 500 Index rose 1.7% this week, likely marking the best performance in the first five Trade days of a presidential term since Reagan's inauguration in 1985; ③ This enthusiasm has even spread to the Global markets, with benchmark stock indices rising across countries from Asia to Europe to Latin America.
US Airlines Reap Higher Airfare Benefits as Consumers Happy to Spend
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Express News | In January, the final value of the University of Michigan Consumer Confidence Index in the USA was 71.1, expected to be 73.2, and the previous value was 73.2.
The Federal Reserve responds to changes with consistency, but greater challenges lie ahead.
The Federal Reserve is expected to maintain stable interest rates next week, but ultimately still needs to address the issue of incorporating uncertainty into policy guidance.
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The Federal Reserve may cut interest rates twice in 2025, but the probability of worst-case scenarios occurring is relatively high.
The Financial Times team in the United Kingdom believes that the Federal Reserve will remain cautious, and the likelihood of it not lowering interest rates or even raising them is increasing, especially starting in the second half of 2025.
Full text of Trump's speech at Davos: Press oil prices, lower interest rates, and initiate a tariff war.
Trump addressed the global business community and political elites, urging Saudi Arabia and OPEC to lower oil prices to end the Russia-Ukraine conflict, reiterating the push for tariffs to encourage domestic manufacturing, and committing to actively promote interest rate cuts.
U.S. stock market closing | All three major Indexes rose, with the S&P continuing to hit new highs; Nuclear Power stocks performed strongly, with OKLO and SMR rising over 13%; Meta rose over 2% to reach a record closing high.
Trump calls on the Federal Reserve to lower interest rates immediately. The chip Index and NVIDIA briefly fell over 2%, but ultimately NVIDIA turned to rise, while Tesla fell. Industrial stock Caterpillar boosted the Dow by 400 points. Quantum computing stock Quantum fell over 6%. Nuclear Power stock Oklo, held by Sam Altman, turned to rise over 13%. Electronic Arts Inc fell nearly 17%. After a 0.7% decline, the Chinese concept Index turned to rise, and TAL Education soared 21%.
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Last week, the number of people in the USA applying for unemployment benefits for the first time was 0.223 million, higher than expected.
In the week ending January 11, the number of people continuing to claim unemployment benefits increased by 46,000, seasonally adjusted to 1.899 million, also exceeding expectations, the highest since November 2021.
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Express News | The number of initial jobless claims in the USA for the week ending January 18 was 0.223 million people, expected to be 0.22 million people, and the previous value was 0.217 million people.
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