Wall Street investment banks are concerned that interest rates cannot be lowered next year, but the Federal Reserve seems to think otherwise.
① Although the tense situation between Russia and Ukraine continues to attract safe-haven bids for US bonds, the overall US bond market has still not been able to reverse the recent weak trend, largely due to the market's lack of confidence in the Fed's upcoming rate cut process; ② However, compared to the highly pessimistic outlook of market participants on rate cuts at the moment, recent statements from Fed officials seem not as hawkish.
Futu Morning Post | SEC Chairman is planning to step down in January next year! The cryptocurrency industry may face significant regulatory changes; Google's antitrust case escalates! Android system also faces the threat of being split.
Microstrategy's stock price plummeted over 16%, and Citron claims that shorting the stock hedges against bitcoin; apple plans to launch a revamped Siri in 2026, adding more self-developed ai; alibaba announced the establishment of an e-commerce business group.
Fed Dovish Official: May Need to Slow Down Rate Cuts.
①Given the uncertainty and divergence about how low interest rates should go, Gurusbe has stated that it may be wise to slow down the pace of rate cuts as the target approaches; ②Within the Federal Open Market Committee (FOMC), Gurusbe is one of the most dovish officials, and he does not have voting rights on monetary policy this year.
U.S. stock market early session | Technology stocks dragged the Nasdaq down over 1%, nvidia fell over 2% after earnings, and Google dropped over 5%; earnings exceeded expectations! snowflake soared over 30%.
Investors are still evaluating the important financial report of AI technology giant nvidia. Bitcoin broke through $0.098 million to reach a new all-time high, with analysts bullish on it surpassing $0.1 million.
US stock market outlook | Cryptocurrency concept stocks surge across the board before market open, with MSTR and MARA up more than 11%; pdd holdings falls more than 9% before market open, Q3 revenue disappoints expectations
Performance exceeds expectations, Snowflake soared more than 23% in pre-market trading; pdd holdings fell more than 9% before the market, Q3 revenue fell short of expectations; Another company got rich because of holding bitcoin! Semler Scientific rose more than 24% in pre-market trading.
Wells Fargo & Co calls for 2025: Trump's policies and strong economy may push s&p 500 above 6600 points.
wells fargo & co raised the s&p 500 target range to 6500-6700 points, expecting economic growth and Trump's policies to boost corporate profit growth.