NEW YORK -Global stocks fell on Thursday as early gains faded, continuing the year-end downdraft into the first trading day of the new year, while the dollar hit a two-year high after economic data indicated the U.S. labor market remained on solid ground.The U.S. Labor Department reported that the number of Americans filing new applications for unemployment benefits dropped to an eight-month low of 211,000 last week, below the 222,000 estimate of economists polled by Reuters.
The dollar jumped to a two-year high on Thursday, building on the strong gains from 2024 as expectations remained intact that economic growth in the U.S. will outpace that of its peers, keeping the Federal Reserve on a slower interest rate-cut path., which measures the greenback against a basket of currencies including the yen and the euro,rose 0.67% to 109.27, after climbing to 109.54, its highest since Nov. 10, 2022.
Stocks had stumbled heading in to the end of the year, denting a year-long rally fueled by growth expectations surrounding artificial intelligence, anticipated rate cuts from the Federal Reserve, and more recently, the likelihood of deregulation policies from the incoming Trump administration.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stocks making the biggest moves before the bell: Broadcom, RH, Tesla, Penn Entertainment & moreThese are the stocks posting the largest moves in premarket trading.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Stocks making the biggest moves midday: Tesla, Broadcom, Upstart, Penn Entertainment, RH and moreThese are the stocks posting the largest moves in midday trading.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Tesla and Other High-Flying Stocks Poised for Pullback in 2025Despite record gains in the stock market this year, several top-performing companies, including Tesla, may see declines in 2025. Analysts predict a potential pullback for these stocks, citing overvaluation and potential headwinds from policy changes.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Tesla and Crypto Stocks Surge as 2024 Market Shifts2024 has witnessed significant market fluctuations, with Tesla and cryptocurrency stocks experiencing notable surges. Tesla's shares rebounded in November following the U.S. election, fueled by Elon Musk's political alignment with President-elect Donald Trump. Analysts at Baird predict strong growth for Tesla based on cost reductions, new models, and regulatory dynamics. Meanwhile, cryptocurrency-focused stocks like MicroStrategy and Palantir have rallied due to investors' expectations of a favorable environment for the sector under Trump's presidency.
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »
US stocks fall after erasing early gains; Tesla slumps after Q4 deliveries missUS stocks fall after erasing early gains; Tesla slumps after Q4 deliveries miss
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »
These stocks, including Nvidia, are among Bank of America’s top stocks to buy in 2025Bank of America names its favorite stocks for the new year.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »