The atmosphere changed after Trump's election: the Federal Reserve minutes indicated that many supported a "gradual" rate cut, and officials raised the possibility of pausing actions.
The 'New Federal Reserve News Agency' indicated that the minutes suggest that if inflation progress stalls, there will be more cautious interest rate cuts; Fed officials discussed a technical reduction of the ON RRP rate by 5 basis points at the 'next meeting'.
The Trump Cabinet 2.0 "Dream Team" is unveiled! Understand the economic views of the officials in one image.
The major team of Trump's Cabinet 2.0 has gradually taken shape, characterized by: first, loyalty is prioritized, and overall policy inclination is largely consistent with Trump; second, many candidates come from the business and financial sectors; third, the attitude towards China is generally tough.
US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
Dow Jones Industrial Average, s&p 500 index hit new highs again, while General Motors fell by 9%.
Globe News on November 27 | The three major us stock indexes closed higher, with the dow rising 0.28%, the nasdaq rising 0.63%, and the s&p 500 index rising 0.57%. Both the dow and the s&p 500 index reached new historical highs. Affected by the threat of tariffs from Trump, us automotive stocks fell, with general motors dropping 9%, Stellantis down nearly 6%, and Ford down nearly 3%. Weight loss drug concept stocks generally rose, with eli lilly and co up nearly 5%, viking therapeutics up nearly 3%, and novo-nordisk a/s up nearly 2%, after us President Biden proposed that medical insurance and Medicaid cover weight loss drugs. Bitcoin fell.
Overnight U.S. stocks | The Dow Jones and s&p 500 index reached new intraday historical highs, microstrategy (MSTR.US) fell 12.33%.
At the close, the Dow Jones rose by 123.74 points, an increase of 0.28%, to 44,860.31 points; the Nasdaq rose by 119.46 points, an increase of 0.63%, to 19,174.30 points; the s&p 500 index rose by 34.26 points, an increase of 0.57%, to 6,021.63 points.
Express News | The three major stock indexes in the USA collectively closed higher, with the Dow rising by 0.28%, the Nasdaq rising by 0.63%, and the s&p 500 index rising by 0.57%. Due to the impact of Trump's tariff threats, US auto stocks declined, with General Motors
Will there be another "huge uproar" within the Federal Reserve? The answer will be revealed tonight.
Will the Federal Reserve have another 'heated debate' internally? The answer will be revealed tonight...
US stocks in early trading | Nuclear power sector strong! CEG, VST up nearly 4%; most weight loss drug concept stocks are rising, Eli Lilly and Co. up 4%; Dow component stock Amgen down 11%, weight loss drug data fails to satisfy Wall Street
The market is currently digesting the Trump tax policies, with most auto manufacturers' stocks trending downward. Tesla, on the other hand, rose by 1% against the market; Donald Trump-related concept stock Rumble surged by 4%, planning to purchase up to $20 million worth of Bitcoin.
Daiwa's outlook for the US economy in 2025: the era of 'high inflation, slow growth' is coming, interest rate cuts entering the 'slow lane'.
Morgan Stanley believes that Trump's immigration and tariff policies will lead the usa economy to face the dual challenges of slowing growth and persistent inflation next year: GDP growth is expected to slow to 1.9%, while core PCE inflation will remain high at 2.5%. The Federal Reserve will remain cautious about the interest rate path and is expected to begin to pause interest rate cuts in the second quarter of next year.
The Federal Reserve meeting minutes are coming tonight, focusing on three major issues!
According to recent public statements from some policymakers, their reassessment of the prospects for interest rate cuts is mainly influenced by three issues.
Express News | Bank of America Global Research expects that by the end of 2025, the s&p 500 index will reach 6666 points.
U.S. stock market outlook: Bullish on weight loss drugs concept stocks! eli lilly and co, novo-nordisk a/s rose more than 4% in pre-market trading; Tesla's rival Rivian rose 10% in pre-market trading, approved for a loan of $6.6 billion.
Growth tech stocks rose overall before the market opened, with nvidia and AMD up 1%; cryptos concept stocks collectively fell, with MARA and cleanspark down over 5%.
Trump's close adviser is accused of seeking money from potential officials, conflicting with Musk and Bezos.
① Multiple sources have revealed that Trump's senior legal advisor Boris Epshteyn allegedly asked for 'consultation fees' from individuals wishing to take up government positions, prompting an investigation ordered personally by Trump; ② Trump's team spokesperson Steven Zhang stated that an internal review has been completed, but did not disclose specific results; ③ Trump has expressed strong disdain for such behavior that exploits his name for personal gain.
The Federal Reserve meeting minutes and PCE price index are coming one after another! They may provide the latest clues for the market regarding interest rate cuts.
According to cme's 'Fed Watch', the probability of the Fed keeping the current interest rate unchanged until December is 44.1%, while the cumulative probability of a 25 basis point rate cut is 55.9%.
Bitcoin soared, with a high pe ratio: beware of 'irrational prosperity'.
The rubber band has reached its limit.
Will Trump's policies severely damage the usa economy? Former Treasury Secretary Summers raised two major concerns.
①Former US Treasury Secretary Lawrence Summers warned that the economic policies of the Trump administration could trigger serious inflation shocks; ②He emphasized the two main concerns about the proposed economic agenda: massive demand-side stimulus and severe supply-side interruptions; ③Summers pointed out that if all of Trump's policies were implemented, the inflationary stimulus would far exceed any plans set by President Biden.
s&p 500 is expected to reach 7000 points! Optimistic sentiment spreads on Wall Street, these industries may become the new hotspots!
From the recent us stock market trend, the three major "frontier technology" sectors are performing extremely strong, which are quantum computing, space satellite, and nuclear power concept stocks.
Deutsche Bank strategist expects the s&p 500 index to reach 7000 points by the end of next year.
November 26th by Gelunhui ǀ Deutsche Bank strategist Bankim Chadha predicts that the s&p 500 index will reach 7000 points by the end of next year, making it the most optimistic expectation for further gains among Wall Street strategists.
Deutsche Bank: The s&p 500 index will rise to 7000 points next year.
Deutsche Bank strategists predict that, against the backdrop of rising risk appetite, the bull market in US stocks will continue in 2025.
Is the US stock market just entering a 'golden age'? Wall Street veteran strategist: The s&p 500 may double by 2030!
①Wall Street senior strategist predicts that the target price range for the s&p 500 index at the end of 2025 is 7200-7400 points, and it could reach as high as 13000 points by 2030. ②She believes that the AI revolution will lead the US stock market into a golden age, while factors such as increased corporate productivity, strong economy, lower corporate tax rates, and lower interest rates will drive the US stock market higher.