The Federal Reserve has slowed interest rate cuts, shifting to a cautious approach as inflation remains a concern despite progress. Chair Jerome Powell highlighted the need for careful consideration of further reductions, projecting only two additional 25-basis-point cuts in 2025. While the labor market is gradually cooling, the Fed is monitoring potential fiscal risks from the incoming Trump administration and the effects of potential new tariffs. Market indices reacted negatively to the news, with substantial drops across major stocks and commodities.
Results for: Federal Reserve
US stock futures rose Wednesday, anticipating the Federal Reserve’s interest rate decision. The Dow fell for a ninth straight day, its longest losing streak since 1978. A rate cut is expected, but economic data remains mixed, with strong retail sales offset by falling industrial production. Investors await key economic indicators and Chairman Powell’s comments.
US markets closed lower on Tuesday, marking the longest losing streak since 1978, while Bitcoin hit record highs. Strong US retail sales contrasted with weaker Chinese data. Asian markets showed mixed results, with some rising while others fell. European markets opened with positive trends, and commodity and futures markets also experienced mixed movements. Uncertainty remains high.
Indian stock markets continued their downward trend for a third consecutive day, with the Sensex falling 502.25 points and the Nifty declining 137.15 points. Foreign fund outflows and global economic uncertainty, particularly the upcoming Federal Reserve decision, are contributing factors to this market weakness. While some technology stocks saw gains, several blue-chip companies experienced significant losses.
Global markets showed mixed results on December 16th, with the Nasdaq reaching a record high while the Dow fell. Economic indicators varied, with the services PMI rising but the manufacturing index dropping. Asian markets were diverse, with some showing gains and others declines. Oil prices fell, and the US dollar strengthened. Futures point to a cautious market opening.
Monday’s market saw mixed results, with the Dow down 0.25%, Nasdaq up 1.2%, and S&P 500 up 0.4%. The Fed’s upcoming rate decision and recent inflation data create uncertainty. Several stocks made headlines, including Red Cat Holdings (+26.97%), IonQ (+23.19%), Broadcom (+11.21%), and Tesla (+6.14%), while NVIDIA dropped slightly. Market volatility continues amidst economic uncertainty and interest rate expectations.
US markets closed mixed on Friday, with Nasdaq rising while Dow and S&P 500 fell. Broadcom’s positive AI chip forecast boosted tech. Asia-Pacific markets also saw declines, with Japan, Australia, India, and China experiencing losses. European markets were down, with the STOXX 50, DAX, CAC, and FTSE 100 all declining. Oil prices eased, while gold prices rose slightly. US futures point to a positive Monday opening.
US stock futures rose Monday, following the Nasdaq 100’s record high. The Fed’s upcoming meeting is anticipated, with a likely interest rate cut. Inflation data caused concern, while analysts offer differing perspectives on a potential “Santa Rally.” Key economic data and earnings reports are due this week.
US markets experienced a downturn on Thursday, influenced by mixed economic data and uncertainty about the Federal Reserve’s next move. Asian markets followed suit on Friday, largely due to disappointment over China’s stimulus plans. However, European markets showed early signs of recovery. This report provides a detailed breakdown of the day’s market movements and key economic indicators.
Leading cryptocurrencies surged after positive inflation data increased expectations of a Federal Reserve rate cut. Bitcoin surpassed $100,000, Ethereum climbed above $3,800, and the overall market capitalization reached $3.61 trillion. Analysts predict further gains for Bitcoin and Ethereum.