The Dow Jones continued its strong rally in December, hitting its all-time on record. It has now risen in the last seven consecutive months, the longest winning streak in years. It is up by about 30% from its lowest level this year. Here are the top catalysts that may impact the blue-chip index in December.
Nio stock price has plunged in the past four consecutive weeks as investors reacted to its recent financial results. Its US shares dropped to a low of $5.50, its lowest level since August 18 this year. It has dropped by over 30% from the highest point this year. Nio stock price dropped after earnings Nio,
Salesforce stock price remained under intense pressure in November as concerns about the company’s AI business continued. CRM was trading at $230 on Monday, down by 37% from the year-to-date high, making it one of the top laggards in the Dow Jones Index. So, will the CRM stock rebound or continue crashing ahead of its
Borrow cheap yen, invest in higher-yielding assets, pocket the spread: repeat with leverage. That simple idea, known as the yen carry trade, has fueled enormous profits for hedge funds and global investors for decades. But when market conditions shift, this strategy unravels spectacularly, wiping out positions and triggering cascading selloffs across global markets. Today, with
The S&P 500 Index has rebounded in the past few days and is hovering near its all-time high. It rose for five consecutive days, as fears of an AI bubble cooled and as odds of a Federal Reserve interest rate cut rose on Polymarket. Here are some of the top catalysts for the blue-chip S&P
The NZD/USD exchange rate continued rising, crossing an important resistance level as a new Central Bank governor takes charge. The New Zealand dollar rose for six consecutive days, moving from a low of 0.5581 on November 20 to the current 0.5735. New Zealand signals end of cuts The NZD/USD pair has rebounded in the past
Silver price rallied to a fresh all-time high on Friday as a slump in Chinese inventories heightened supply concerns. This comes a few weeks after the recent silver squeeze in London that pushed prices to the record high hit in late October. Besides, bets on a 25-basis-point rate cut during the Fed’s December meeting have
The crude oil market was rather muted on Thursday due to the US Thanksgiving celebrations. However, USO ETF extended its previous gains, having bounced off its one-month low. Beyond the holiday-triggered drop in participation, the market is reacting to mixed signals. From hopes of a peace plan to end the Russia-Ukraine war to the OPEC+
The Nikkei 225 Index held steady above ¥50,000 after Japan published strong retail sales data and as the yen continued softening. It also reacted to the latest Tokyo CPI numbers and the growing tensions between Japan and China. So, does the stock have any upside? Nikkei 225 Index steady as Japan retail sales rise The
The crypto market remained in a consolidation phase on Friday as the recent bull run ran out of steam on Thanksgiving Day. Bitcoin was stuck at $90,000, while the market capitalization of the industry dropped slightly to $3.1 trillion. This article provides forecasts for some top coins like Pi Network (PI), Monero (XMR), and Shiba