Markets in 2024: Wall Street's high-octane rally keeps investors captive to the US

Asia stocks rise on US inflation cheer; Honda-Nissan merger in focus

Asian stocks rose, driven by Wall Street gains and softer U.S. inflation data; Japanese stocks gained amid Honda-Nissan merger speculation, while broader Asian markets advanced.

Investors hope for 'Santa Claus' rally as stocks lose steam

December's stock market faces challenges, with worries over rising yields and disappointing performance, though some see a potential for rebound after the recent pullback.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.18%

US government shutdown showdown creates another investor worry

The article discusses challenges for the incoming Trump administration, highlighting potential gridlock in Congress amid efforts to avoid a government shutdown and implications for financial markets.

Goldman discusses government shutdown risk Rise as House rejects spending bill

Goldman Sachs warns of a potential U.S. government shutdown after Congress rejected a spending package, emphasizing the risks and potential paths forward for lawmakers.

UBS sees S&P 500 hitting 6,600 despite fewer Fed cuts

US equities stabilized while bond yields rose, with the Fed's easing cycle beginning in 2025. UBS expects S&P 500 to reach 6,600 and cautions on dollar strength.

Cleveland Fed president Hammack opposes recent rate cut, cites strong economy

Fed's Williams anticipates further rate cuts, influenced by data and policy

John Williams of the Federal Reserve Bank of New York anticipates future rate cuts, emphasizes data dependence, and discusses uncertainty due to changing fiscal policies and current economic conditions.

US PCE inflation cools in November

The PCE price index rose 0.1% in November. Lower inflation data impacts markets as analysts comment on consumer spending and Federal Reserve's future monetary policy.