Market Roaring Back with No Clear Reasons

Crypto trades are surging. Meme stocks are seeing a boost thanks to Roaring Kitty. The broader market is experiencing a significant rally with no apparent catalysts. Many speculative areas of the stock market climbed on Thursday, the first trading day of 2025, shortly after the S&P 500 concluded its best two-year run since 1998. Roaring Kitty, a prominent figure in the meme stock community, posted another cryptic message on X, featuring a short clip of the late musician Rick James.

Some speculate he's signaling a potential move in the market. Meanwhile, semiconductor stocks, projected to be strong performers in 2024, are again leading the market charge after the artificial intelligence sector cooled down at the end of last year. Golf equipment maker Callaway jumped 8.5% following an upgrade from Jefferies to buy from hold. The investment bank deemed the stock oversold and raised its price target by 65% above its year-end close. With heightened market speculation, broad stock futures are on an upward trajectory to start 2025. Dow futures surged as much as 300 points. Thursday's dramatic moves echo the initial rallies following Donald Trump's election victory in November 2024. Investors then anticipated his pro-business policies would propel companies and the economy towards robust growth. These gains moderated towards the end of 2024 as concerns arose that the president-elect's protectionist measures could trigger inflation or disrupt supply chains. The Federal Reserve also signaled fewer interest rate cuts in 2025. 'Many investors anticipate that the incoming administration's deregulation push will unleash 'animal spirits,' Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, stated in a recent client note. 'However, what if it merely accelerates the concentration of monopoly power in the hands of a few, diminishing the effectiveness of broad economic measures and leaving behind even larger segments of the population?

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

California's Housing Market Roars Back to LifeSales are roaring back in California, as an ongoing supply shortage keeps competition up among buyers.
출처: Newsweek - 🏆 468. / 52 더 많은 것을 읽으십시오 »

Market Volatility: Is the US Stock Market in a Bubble?The article discusses the current state of the US stock market, highlighting the record highs of the Nasdaq, the Dow's recent losing streak, and the flat performance of the S&P 500. It analyzes the market's exuberance, potential for a pullback, and the attractiveness of traditional S&P 500 investments.
출처: NBCNewYork - 🏆 270. / 63 더 많은 것을 읽으십시오 »

Meme Coin Market Cap Surpasses U.S. Quantum Stock MarketCryptocurrency analyst Charles Edwards highlights the disparity between the market capitalization of meme coins like Dogecoin and the entire U.S. quantum stock market. Edwards questions the sustainability of this trend, suggesting it may not last long.
출처: Utoday_en - 🏆 295. / 63 더 많은 것을 읽으십시오 »

Crypto market sees slight losses as South Korean market plunges following emergency martial law declarationBitcoin (BTC) and the cryptocurrency market experienced minor declines on Tuesday, primarily due to political issues in South Korea, which introduced fear, uncertainty and doubt (FUD) among investors.
출처: FXStreetNews - 🏆 14. / 72 더 많은 것을 읽으십시오 »

iPhone cannot save the foldable market any more than Vision Pro saved the headset marketAnam Hamid is a computer scientist turned tech journalist who has a keen interest in the tech world, with a particular focus on smartphones and tablets. She has previously written for Android Headlines and has also been a ghostwriter for several tech and car publications.
출처: PhoneArena - 🏆 322. / 59 더 많은 것을 읽으십시오 »