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U.S. stock market preview | All three major index futures are rising! Goldman Sachs: Although the Federal Reserve is hawkish, Powell is more dovish, still expecting three rate cuts next year; NVIDIA Concept stock SoundHound AI soared 7% in pre-market trad
Cryptos concept stocks are strong in Pre-Market Trading, with Coinbase and MARA rising over 3%; Accenture's shares in Pre-Market Trading increased nearly 7%, with Q1 revenue for fiscal year 2025 growing 9% year-on-year; entering the defense Sector, Nukkleus surged nearly 37%, accumulating over 35 times in the last two Trading days.
The Federal Reserve has lowered interest rates by 25 basis points as expected! The dot plot suggests two rate cuts in 2025.
The Federal Reserve has cut interest rates for the third consecutive time, with a cumulative reduction of 100 basis points. The latest dot plot predicts the number of rate cuts in 2025 will be reduced to 2.
US Leading Index (MoM) For November 0.3% Vs -0.1% Est.; -0.4% Prior
USA Existing Home Sales For November 4.15M Vs 4.09M Est.; 3.96M Prior
S&P in 2025: Wall Street Sees Trump, Fed Uncertainty Punctuating Road to Higher Ground
US GDP Revised To 3.1%, Jobless Claims Dip More Than Expected, Treasury Yields Hit 7-Month High