By A Mystery Man Writer
The Nasdaq-100 index is holding above 18,000 today following yesterday's bullish momentum, fueled by inflation news.
The Nasdaq-100 index is holding above 18,000 today following yesterday's bullish
momentum, fueled by inflation news.
The PCE consumer spending index amounted to 0.4% on a monthly basis, which was
in line with analysts' expectations. A year ago, we recall, it was 0.6%. Thus,
statistics indicate a weakening of inflation which means that the likelihood of
the Fed cutting interest rates increases — the anticipation of this event
increases optimism in the stock market.
Another driver is the strong
Markets News, Dec. 1, 2023: Stocks Post Fifth Straight Winning Week as Treasury Yields Retreat
Daily Market Analysis By FXOpen, Page 46
2023 In Review: A Look Back At The Highlights Of The Year
Market Analysis: S&P 500 Reacts Positively to Declining Inflation
Stock market today: Live updates
For Investors, Cost of Being Wrong Gets Bigger by Day as Markets Diverge - Bloomberg
FXOpen LinkedIn
History Says The Nasdaq-100 Could Be on the Cusp of a 6-Year Win Streak. Here's 1 Stock to Buy Right Now
Stock Market Today: Dow, S&P Live Updates for December 20 - Bloomberg
News updates from December 1: S&P 500 closes at 20-month high and gold hits record despite rate cut pushback from Powell, Israel resumes fighting against Hamas
2023 In Review: A Look Back At The Highlights Of The Year
2023 In Review: A Look Back At The Highlights Of The Year
Daily Market Analysis By FXOpen - #937 by FXOpenTeam - Analysts
The Nasdaq-100 Has Had a Monster 2023 So Far. Is It Too Late to Invest in It Before 2024 Arrives?