A softer PCE reading strengthens expectations of a Fed rate cut next week, lifting Wall Street into year-end rally mode
Stock market
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Softening labor data boosts expectations of a December rate cut, but tech weakness signals growing caution
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Weak U.S. jobs data fuels hopes for a December rate cut, lifting global sentiment—while Asia reacts cautiously
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MARKETSWorld Markets
Wall Street Slips as Job Loss Shock Fuels Fed Cut Bets, Microsoft Drags Tech Lower
by Dean Dougnby Dean DougnA surprise payroll contraction boosts hopes for a December rate cut, but Microsoft’s AI setback sends ripples across the tech …
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MARKETSWorld Markets
U.S. Stocks Rise on Fed Cut Optimism as Boeing Soars and Tech Rebounds
by Dean Dougnby Dean DougnEquities extend their winning streak as markets bet heavily on a December rate cut, with Boeing’s surge and mega-cap strength …
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MARKETSWorld Markets
AI & Bitcoin Fuel Global Rally on Fed Rate Cut Hopes
by Daphne Dougnby Daphne DougnWall Street sees risk-on return despite valuation fears as markets price 87% chance of a December policy pivot.
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MARKETSWorld Markets
AI Stock Boom Fueled by FOMO? Strategists Say Don’t Panic — Yet
by Dean Dougnby Dean DougnSoaring valuations, ECB warnings, and extreme market concentration echo the dot-com era, but experts argue the AI trade still has …
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The state lender’s massive share issuance underscores accelerating credit demand, tighter Basel rules, and Vietnam’s push to strengthen bank balance …
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CryptocurrencyMARKETS
Stocks Slip as December Opens With Tech and Bitcoin Under Pressure
by Daphne Dougnby Daphne DougnA shaky start to the month highlights fading AI momentum, fresh crypto volatility, and lingering concerns about overstretched valuations.
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Markets slip at the start of the month despite strong seasonality, as investors weigh Fed rate cuts, geopolitical shifts, and …