Entering the Christmas month! The Christmas market may continue to drive the U.S. stock market to new highs, with these sectors expected to become the "hottest opportunities"
Historically, in the seven trading days after Christmas, which include the last five trading days of the year and the first two trading days of the next year, investors tend to be more bullish, with a high probability of an uptrend in the U.S. stock market. This seven-day period is known as the 'Santa Claus rally.' Data shows that over the past 70 years, there has been an 80% chance of the S&P 500 index rising during these seven trading days.
Federal Reserve 'hot ticket commissioner' Waller: Inclined to continue cutting interest rates in December, but inflation may affect actions.
Federal Reserve Governor Waller stated that there is currently a tendency to continue lowering interest rates in December, but if inflation data unexpectedly rises and changes his forecast for inflation trends, he will consider pausing rate cuts. Regarding support for rate cuts in December, this year's voting member and President of the Atlanta Federal Reserve, Bostic, mentioned that he is open to options regarding the December decision; although the data has fluctuated, inflation is steadily moving towards the 2% target.
Amazon Reveals New Data Center Components to Improve Efficiency
GM Sells Stake in Michigan Battery Plant to JV Partner LG Energy Solution
Fed's Williams Says Labor Market Softer But Still Pretty Solid; Will Need To Bring Interest Rates Down Over Time; Unclear Where Neutral Rate Is Right Now
Reuters Reported Delaware Judge Orders Tesla To Pay $345 Million Fees To Plaintiff's Attorneys, Rejects $5.6B Request
Reuters Reported Delaware Judge Declines To Restore Elon Musk's $56 Billion Tesla Pay Package Despite Shareholder Approval, Citing Court Filing
OPEC Is Likely At Its Meeting On Thursday To Extend Its Latest Oil Output Cuts Until The End Of Q1 2025
SPDR S&P 500 ETF Options Spot-On: On December 2nd, 6.5 Million Contracts Were Traded, With 19.29 Million Open Interest
On December 2nd ET, $SPDR S&P 500 ETF(SPY.US)$ had active options trading, with a total trading volume of 6.5 million options for the day, of which put options accounted for 55.0% of the total
Intel Board Should Consider 'Radical Change' With New CEO: Analysts
Fed's Waller Says Yield Curve Can Be Inverted For Good Reasons If Markets Think Inflation And Therefore Rates Will Be Lower In The Future
Fed's Waller Says Average Inflation Targeting Framework Was Very Backward Looking And "Blew Up" Very Quickly; People Are Still Trying To Figure Out What The Current Framework Actually Means; Simpler May Be Better
AWS Announces New Data Center Components Designed To Support The Next Generation Of Artificial Intelligence Innovation And Customers' Evolving Needs
Nvidia Competitor Tensorrent Raises $693M in Series D Funding Round
Fed's Waller Says Will Support Holding Rates Steady In December If Data Shows Forecasts Of Slowing Inflation Are Wrong; Direction Of Policy Rate Over Medium Term Is Clearly Down; Monetary Policy Remains 'Significantly Restrictive'; Still 'A Ways To...
Fed's Waller Says 'I Lean Toward Supporting A Cut' In December; One Could Argue A Case For Skipping Rate Cut In December; Will Be Watching Data Closely To Decide; Policy Rate Is Restrictive Enough That A December Rate Cut Still Allows Ample Scope To...
U.S. Approves Possible Sale To India Of MH-60R Multi-Mission Helicopter Equipment And Follow-On Support For $1.17B
Intel CEO Pat Gelsinger Forced Out By Board, Analysts Cheer Potential Strategy Shift: 'This Move Opens The Door'
Leveraged MicroStrategy ETFs Are Playing With Fire, Experts Warn
Holiday Momentum Pushes Retail, Leisure Stocks Past S&P 500 – Tesla, Garmin, Tapestry Stand Out