Biden's first statement before leaving office: Congress members should be prohibited from engaging in Stocks Trade.

① The President of the USA, Biden, stated in an interview that members of Congress should be prohibited from trading Stocks; ② This is the first time Biden has expressed his opinion on the issue of Congress members trading Stocks, and given that he has only one month left in his term, the impact of his statement remains unclear.

cls.cn07:58

Powell: "Approaching or already at" the point of slowing down and pausing interest rate cuts, future rate decreases will require new progress in inflation (full text attached).

Powell stated that the decision to cut interest rates at this meeting was relatively difficult, as the Fed faces a roughly balanced risk in achieving its dual goals of controlling inflation and promoting employment, with significant progress already made in controlling inflation. Although interest rates have been lowered by 100 basis points, they are still 'significantly' restraining economic activity, and the Fed is 'on track to continue lowering rates.' However, before any further cuts, officials need to see more progress on inflation. Powell mentioned that the policies of the new USA administration have not yet been officially released, but the Fed has done quite a bit of preparatory work, enabling a more careful and considered assessment and appropriate policy response when specific policies are finally revealed. The Fed announced a 25 basis point rate cut on Wednesday, as the market expected, but Fed officials significantly raised the median target range for future policy rates and made substantial upwar

wallstreetcn07:17

Analysis of the major bull market in U.S. stocks on Thursday's significant decline: Don't panic, this wave of selling is very healthy!

This well-known investor pointed out that US stock market investors had almost lost control before, and this time the Federal Reserve just brought them back to reality.

Golden10 Data22minutes ago

Daily Options Tracking | Musk is being investigated by the U.S. military! Tesla's Put ratio has risen to 39%; Micron fell over 14% before the market opened, with yesterday's options trading being very active, and many Put options earning over double.

The Federal Reserve breaks the bullish sentiment! The new member of the trillion Market Cap club, Broadcom, dropped nearly 7% yesterday, with Options Volume continuing to decline to 0.578 million contracts, and the Put ratio is 35%. On the Options Chain, the bullish forces are strong. The highest Call volumes for contracts expiring this Friday at $260, $250, $240, and $235 are 0.022 million, 0.019 million, 0.016 million, and 16,000 contracts respectively.

Futu News25minutes ago

Express News | Pre-Market Trading: Micron Technology fell nearly 15% after earnings, the Cryptos Concept rebounded, and MSTR rose nearly 4%.

Breakings40minutes ago

DXY: Wakeup Call From a Hawkish Fed – OCBC

FXStreet44minutes ago