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.
Express News | U.S. stock market opened lower but rose higher, with all three major indices closing up. The Dow Jones increased by 1.18%, the Nasdaq by 1.09%, and the S&P 500 Index by 1.03%.
Express News | Citigroup: With inflation easing, the Federal Reserve may lower interest rates more than currently expected.
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.
U.S. stock market early session | The three major Indexes opened lower and then rose, with the S&P and Dow Jones turning positive first, Broadcom rebounding over 2%; Quantum Computing concept stocks made a comeback, with Rigetti up nearly 28% and QUBT ris
On the evening of the 20th in Peking time, the largest ever "Triple Witching Day" is approaching, with Options worth 6.6 trillion USD about to expire. The year-on-year increase of the USA's November PCE Index is 2.4%, lower than expected. The government shutdown crisis in the USA has resurfaced.
The Federal Reserve has entered a new phase of MMF policy, with various signals being released by local Federal Reserve Chairs.
Several regional Federal Reserve Bank presidents spoke after the Federal Open Market Committee (FOMC) announced a rate cut in December.
PCE data for November fell short of expectations across the board. Has the Federal Reserve considered the "Trump effect"?
In November, USA's PCE data showed a comprehensive cooldown, and the "third-in-command" of the Federal Reserve stated that there is a lot of uncertainty regarding future fiscal policy. Traders continue to bet that the Federal Reserve will pause interest rate cuts in January next year.
US Stock Preview | USA PCE data overall underperformed expectations, and the declines in the three major futures indices significantly narrowed; US stocks face another test: the largest "Triple Witching" day in history arrives tonight!
The latest weight loss drug's phase 3 trial results were below expectations, resulting in Novo-Nordisk A/S's shares dropping nearly 20% in Pre-Market Trading; the Trump Media Technology Group's shares fell over 4% in Pre-Market Trading as Trump transferred all his shares to a revocable REITs.
Express News | The S&P 500 Index Futures narrowed their decline to 0.4% after the release of USA economic data.
Fed's voting member Daly: Very satisfied with the expectation of two interest rate cuts in 2025.
Daly expects that the number of interest rate cuts next year will be "much fewer than we imagined" and believes that the central bank can shift to a slower approach.
The USA government is entering a countdown to a shutdown, what will happen next?
① If the USA Congress cannot reach a spending bill by Friday, the USA federal government will begin to shut down on Saturday; ② About 40% of federal government employees will be on unpaid leave, while the remaining employees will be required to work without pay; ③ The latest demands put forward by Trump have added uncertainty to the possibility of reaching an agreement among the parties.
Trump 2.0 is coming soon! Historically speaking, is it possible for the U.S. stock market to welcome a "Gold era"?
As the 45th President of the USA, Trump's economic policy propositions had a profound impact on the financial markets after his victory in the 2016 presidential election. In particular, the S&P 500 Index surged nearly 70%, experiencing significant changes during Trump's tenure as an important indicator of the performance of the US stock market.