IWM241212C214000
- 22.45
- -0.85-3.65%
iShares Russell 2000 ETF Newsroom
Wall Street's “last bear” Stifel: U.S. stocks will fall to 5,000 points by the end of 2025.
① Barry Bannister, the chief investment strategist at Stifel, one of the few bears on Wall Street, expects that U.S. stocks will be below current levels by the end of 2025; ② Bannister believes that persistently high inflation may prompt the Federal Reserve to maintain high interest rates, impacting the stock market's upward momentum; ③ In contrast, other strategists are focusing on the trajectory of economic growth rather than the extent of interest rate cuts.
The Fed Is Poised to Cut Rates Next Week. But 2025 Is Another Matter
Options Market Statistics: Broadcom Stock Soars on 51% Q4 Revenue Surge; Options Pop
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
Dow Futures Are Little Changed After Index Posts Longest Losing Streak Since April: Live Updates
U.S. stock market close: The Nasdaq has fallen from historic Top Reversal, while the Dow has declined for the sixth consecutive day.
① The Nasdaq China Golden Dragon Index rose by 0.18%, with China Concept Stocks showing mixed performance; ② Google is collaborating with Samsung to develop a headset device, with the first product expected to be launched next year; ③ Apple is reportedly set to start producing a key wireless chip currently supplied by Broadcom next year; ④ Adobe fell nearly 14%, as the company's full-year performance guidance was below expectations.
Thursday Ends in Index Declines | Wall Street Today
How Long Can US Stocks Keep up This Momentum?
Forex Today: US PPI Inflation Uptick Keeps Sentiment Taut
Market Euphoria May Be Getting Carried Away: Rockefeller's Chang
Here's How Much You Would Have Made Owning Mueller Industries Stock In The Last 20 Years
The Fed's Expected Rate Cut Is Giving Stock Traders Cover in a Choppy Market
Stocks Slip On Hot Inflation Data, Adobe Tumbles, Natural Gas Hits 1-Year High: What's Driving Markets Thursday?
Stocks Fall As Producer Inflation Spikes, Jobless Claims Jump: 'What Is Happening Here?'
"Person of the Year" Trump rings the opening bell at the NYSE, emphasizing that "the stock market is everything."
On December 12, the elected President Trump was named Time Magazine's Person of the Year for 2024, ringing the opening bell at the NYSE that day; Trump rang the bell with the CEO of ICE and the CEO of Time Magazine, along with the president of the NYSE, while the CEOs of companies such as Goldman Sachs and Citigroup were present; Trump promised an "unprecedented economy," planned to increase oil drilling to reduce inflation, and committed to lowering the corporate tax rate to 15%.
Express News | Major Indexes Are Lower Following Worse-than-expected Inflation Data
Market Falls Thursday, Producer Inflation Grows, and Tech Pulls Back From Records | LiveStock
Dell, Nvidia, Others May Benefit From Modular Data Centers for AI: Mizuho
BofA Sees Resilience, Strong Spending in Consumer Report
Egg prices have skyrocketed! The USA's PPI in November recorded the largest increase since the beginning of 2023.
Food costs drove the PPI in November to the largest increase in five months; portfolio management fees decreased, and air ticket prices indicate that the PCE Index may tend to weaken.