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US Stocks Rebound, Bitcoin ETFs See Record Outflows, and Gold Hits $2,620 - Key Moves and Trends for December

Index Update- US stocks bounced back on Friday, recovering from early losses to trade 1.5% higher. The S&P 500 rose 1%, Nasdaq up 0.8%, & Dow gained 497 points. Markets reassessed the impact of fewer Fed rate hikes next year, bolstered by softer November …

Team Kalkine | 23 December 2024

US Stocks Rise Ahead of Fed's Rate Cut Decision; Broadcom Hits $1T, Oil Drops on Weak Demand

Index Update- US stocks were up on Monday: S&P 500 +0.3%, Nasdaq +0.5%, and Dow Jones rising nearly 70 points after a slow start. Investors are eyeing the Fed's expected 25bps rate cut & updated economic projections, especially for 2025. Strong growth in services …

Team Kalkine | 17 December 2024

Mixed Market Moves Ahead of Fed Meeting: Tech Losses, Broadcom Surge, and Commodities Outlook

Index Update- On Friday, the S&P 500 closed mostly flat, while the Nasdaq gained 0.1%. The Dow dropped 86 points, extending its losing streak to seven sessions, the longest since 2020. The broader market showed mixed results amid concerns over the Fed’s policy and …

Team Kalkine | 16 December 2024