No Data
U.S. Stock Market Preview: PPI data higher than expected, three major futures slightly down; strong performance! Disney pre-market up more than 9%, Netease up nearly 5%
Federal Reserve Governor Kugle: Must focus on both inflation and employment targets; Uncertainties increase in the prospect of rate cuts, Federal Reserve officials urge cautious action; taiwan semiconductor rose more than 1% before the market, institutions expect the full load of operation of 3 and 5 nanometers to be maintained in the first half of next year.
Where is the end point of this round of Fed rate cuts? Goldman Sachs: Around 3.25-3.5%, 100 basis points higher than the peak of the previous cycle.
Goldman Sachs pointed out that there are two main reasons for the adjustment of the neutral rate, including the rise in interest rates in the bonds market and the updated estimates of the neutral rate by economic models. Furthermore, the adjustment is also supported by current strong fiscal spending and non-monetary policy factors such as risk appetite.
Powell will take the stage again in the early morning! Will he make the market happy this time?
Powell is likely to discuss recent economic data, be careful as the market may face another "bloodbath".
Stock Market Today: Dow Futures Tick Higher With Powell Speech, Trump-led Sweep in Focus
Significant Shifts in Prem Watsa's Portfolio Highlighted by Vanguard S&P 500 ETF Sale
Trump trades welcome "prosperity", the USA IPO market is unfrozen.
Investors have been waiting for the usa IPO market to thaw after two years of difficult trials. Donald Trump's election victory may help make this happen.