Express News | White House spokesperson: The USA government's budget office has stopped the shutdown and is preparing work.
Wall Street is not afraid of the Federal Reserve's "hawkish interest rate cuts"; will the "Christmas rally" in the U.S. stock market arrive as scheduled?
Wall Street analysts are not overly concerned and believe that Wednesday's sell-off presents a good buying opportunity, and a strong reaction to the Federal Reserve meeting is unlikely to disrupt this year's 'Santa Claus rally' momentum.
38 Republican "traitors", the USA government nearly faced a shutdown, was Trump's "strong stance" exposed?
Analysis suggests that this event indicates that Trump, who seems to have "consolidated power" and appears politically stable, now faces an uncertain future. Trump's Republican colleagues, 38 Republican representatives in the House, opposed his call to "suspend or eliminate the debt ceiling," which almost led to a government shutdown.
The only official who voted against the rate cut at the Federal Reserve's December meeting explains why they do not support the rate cut.
Federal Reserve Chair Hammack indicated that based on her determination that monetary policy is currently close to a neutral stance, she tends to keep policy stable until more evidence shows that inflation is returning to the target path of 2%. The momentum of the USA economy and the recent high inflation data prompted her to raise the inflation forecast for next year. She believes her decision is a tough choice.
Multiple Federal Reserve officials support relying on data for cautious interest rate cuts next year, while Powell's "dovish allies" rarely make hawkish statements.
Analyses have pointed out that although San Francisco Fed Chair Daly and New York Fed Chair Williams both acknowledge that interest rate cuts will continue next year, they also stated that there is no rush to lower rates. All Federal Reserve officials emphasized the importance of data and acknowledged the uncertainty in the outlook. However, the Chicago Fed President, who will be a voting member next year, made more dovish comments, believing that inflation is still cooling and that interest rates need to be significantly lowered within a year and a half, which boosted U.S. stocks to open low and rise high while Treasury yields fell.
"Triple Witching Day" caused a huge shock in the U.S. stock market! Short sellers covered their positions, driving a sharp rise during trading, but market volatility may continue next week.
Analysis suggests that on Friday, the US stock market opened with a rebound because the US government shutdown crisis may actually help ease concerns over the Federal Reserve no longer cutting interest rates. Additionally, as short positions were excessively squeezed in the past few trading days, the market's reversal led to a furious short covering that accelerated the rebound. However, the expiration of a large number of Call Options, the approaching holiday, and the risk of a US government shutdown further increased market uncertainty, and fluctuations may continue into next week.
In a last-ditch effort to avoid a government shutdown: The U.S. House of Representatives voted to pass a short-term spending bill, submitting it for a vote in the Senate.
The bill to maintain government short-term spending until March of next year has removed the debt ceiling provisions and will be voted on in the Senate. If a relevant short-term spending bill is not passed by 12:01 AM local time on Saturday, the federal government will partially shut down, forcing hundreds of thousands of federal workers to take leave.
Top 20 by transaction volume | Palantir is bullish on by UBS Group, with the stock price soaring over 8%, reaching a record closing high.
On Friday, the most traded stock on the U.S. market was Tesla, which closed down 3.46%, with a total transaction of 55.697 billion dollars; the second was NVIDIA, which closed up 3.08%, with a transaction of 39.459 billion dollars; and the seventh was Palantir, which closed up 8.54%, reaching a record high at closing, with a transaction of 22.016 billion dollars.
U.S. stocks closed | "Triple Witching Day" saw a major rebound in U.S. stocks! All three major Indexes rose by over 1%; the AI application Concept exploded, with Palantir rising over 8%.
Ed Yardeni, the most accurate Analyst on Wall Street and president of Yardeni Research, is optimistic about the U.S. stock market, predicting that the S&P 500 will reach 7,000 points next year and 8,000 points the year after.
Here's How Much You Would Have Made Owning FTAI Aviation Stock In The Last 5 Years
IWM ETF Climbs 0.9%
IShares Russell 2000 ETF Options Spot-On: On December 20th, 2.11 Million Contracts Were Traded, With 12.99 Million Open Interest
On December 20th ET, $iShares Russell 2000 ETF(IWM.US)$ had active options trading, with a total trading volume of 2.11 million options for the day, of which put options accounted for 58.52% of the
Major Indexes Are Higher Following November PCE Data.
Express News | Citigroup: With inflation easing, the Federal Reserve may lower interest rates more than currently expected.
10 Industrials Stocks Whale Activity In Today's Session
IonQ Options Trading: A Deep Dive Into Market Sentiment
IonQ Shares Are Trading Higher After Craig-Hallum Raised Its Price Target on the Stock From $22 to $45 While Maintaining a Buy Rating.
Mission Produce, Nvidia, Humacyte, BlackBerry And Other Big Stocks Moving Higher On Friday
After two years of continuous growth, Wall Street is eagerly hoping that the U.S. stock market can still be "bullish" next year.
Market sentiment remains enthusiastic, and compared to a year ago, investors have greater confidence in the USA economy.
Craig-Hallum Maintains Buy on IonQ, Raises Price Target to $45