Super Micro Joins Nvidia, Tesla in Top Options Volume as Stock Tumbles

Luzi Ann Santos12:35 ET

USD: Moderately Hawkish Remarks by Powell – ING

FXStreet36minutes ago

US Stocks Have Already Returned a Third of Post-election Gains

The Edge Markets05:09 ET

With the election risks dissipated, investors are frantically scooping up risk assets! Is there now no obstacle to the rise of the U.S. stock market?

Options investors are flocking into the US stock market to bet heavily on higher-risk stocks, which has supported the rising trend of US stocks against the backdrop of fading concerns over the election and the expectation that the Republicans will securely hold power in Congress next year.

Zhitong Finance03:07 ET

Late night broadcasting! Powell: The economy is strong, the Federal Reserve does not need to rush to cut interest rates, there is time to understand the impact of Trump's policies.

Powell stated that labor market indicators are returning to more normal levels consistent with the Federal Reserve's full employment target; inflation will continue to decline towards the target of 2%, although there may be occasional fluctuations; the interest rate path is not preset and depends on data and economic outlook. If the data tells us to slow down rate cuts, slowing down is the wise choice; Congress generally believes that the Fed's independence is very important, concluding prematurely on the policies of the Trump administration. The Fed will act cautiously before policy is more certain; the impact of AI may be later and greater than we expect.

wallstreetcn18:02 ET

Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures

The Canadian Press17:35 ET