A television station on the floor of the New York Stock Exchange broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, speaking after a Federal Open Market Committee meeting on Dec. 18, 2024.
If we adopt an objective eye, the major U.S. benchmarks didn't change much during Thursday's trading session. But when seen against the context of Wednesday's market rout, the direction of those shifts also gives an indication, however faint, of the narrative animating the markets. It's kind of a mixed bag. Should investors continue treading with caution because of the downward trend? Or should they see the Dow's breakthrough as a glimmer of light at the end of the tunnel?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Source: Utoday_en - 🏆 295. / 63 Read more »
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.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Market Rebounds as Trump Presidency Effects PersistFinancial markets have seen significant gains based on the Trump Presidency, but consolidation and profit-taking have led to a reversion to the 20-DMA. A recovery is underway, driven by buying pressure that could reverse a short-term sell signal. Investors should be ready to deploy capital during minor pullbacks as the year-end approaches.
Source: Investingcom - 🏆 450. / 53 Read more »
European stocks head for slightly higher open amid subdued market sentimentEuropean stocks are expected to open slightly higher Thursday as global market sentiment dips.
Source: nbcsandiego - 🏆 524. / 51 Read more »