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.

Futu NewsDec 20 16:45

Express News | Futures for the E-mini Russell 2000 Index in the USA fell by 1.1%.

BreakingsDec 20 18:29

The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.

U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.

wallstreetcnDec 20 07:26

The dot matrix chart and Powell's manufacturing market "disaster"! The Dow Jones Industrial Average surprisingly dropped over 1,100 points. How do Wall Street experts interpret this?

Bloomberg reports from the USA that the Federal Reserve took the expected action on Wednesday (December 18).

FX168Dec 19 08:36

Losses Widespread in Stocks, Risky Assets After Fed's New Rate-Cut Forecast -- WSJ

WSJDec 19 04:44

Express News | The E-mini Russell 2000 Index fell by 1.3%, approaching a four-week low.

BreakingsDec 17 23:27