Veteran analyst has blunt warning about 2025 stock market predictions
The longtime trader shares his thoughts about market forecasting.
Nasdaq Closes at Record High; Dow Falls Ahead of Fed Meeting
The Nasdaq Composite closed at an all-time high Monday while the Dow Jones Industrial Average fell a
S&P 500 Gains and Losses Today: Tesla Stock Boosted by AI, Self-Driving Optimism
The S&P 500 added 0.4% on Monday, Dec. 16, as tech stocks edged higher ahead of this week's Federal Reserve interest-rate announcement.
Over 90% of market players expect BOJ to keep rates steady this week, survey shows
Over 90% of market participants expect the Bank of Japan to keep interest rates steady at this week's policy meeting, a survey by money market brokerage Ueda Yagi Tanshi showed on Tuesday. The survey was conducted on Dec. 12-16 targeting 150 banks, securities firms, insurers and other financial institutions, ahead of the central bank's two-day meeting ending on Thursday. Of the total, 91% said they expect the central bank to keep short-term interest rates unchanged at 0.25% this week.
Stock market today: Nasdaq hits a record high as mega-cap tech surges before the Fed meeting kicks off
After Wednesday's rate decision, investors will watch the Friday morning release of November PCE data, which will help inform future Fed policy.
The stock market may be on the verge of its Santa Claus rally, but everything depends on the Fed this year, BofA says
The Fed meeting may be the last obstacle for the market to clear before the Santa Claus rally kicks off.
Luxury Stocks Find China Solace to End Bad Year on Brighter Note
(Bloomberg) -- A December rebound in European luxury-goods stocks is easing the pain for investors after a year characterized by concerns over weakening demand in the key market of China.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearOptimism is returning following numerous rounds of Chinese stimulus to rejuvenate the world’s second-biggest economy, which have put shares i
Wall Street is starting to think this week could bring the Fed's last rate cut for a while
While some analysts see a pause in the Fed's rate cutting cycle, Apollo's chief economist thinks the Fed could shock markets with a rate hike next year.
Why the rally in chip stocks could broaden beyond AI in 2025, according to BofA
Shares of chip makers tied to the AI trade will continue to surge in the first half of 2025 before investor interest shifts, BofA said.
China capital markets outflow hits record high in Nov after Trump election win
SHANGHAI (Reuters) -China's capital markets outflow reached a record high of $45.7 billion in November, according to official data tracking cross-border payments, as Donald Trump's U.S. presidential election win roiled global portfolio flows. Cross-border receipts from portfolio investments were $188.9 billion, while payments totalled $234.6 billion, resulting in the biggest monthly deficit on record, according to data from China's foreign exchange regulator. The data release comes as China's policy-driven stock market rally that started in late September is losing steam, while the yuan has slumped against the dollar in the face of tariff threats from Trump.