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US stocks rose Monday as investors await the Fed's interest rate decision on Wednesday. The Fed's final meeting of the year is expected to include a 25 basis points interest rate cut.
Here's why tomorrow could be a big day for the stock market. Economic data over the coming months could play a big role in determining how the market performs in the near term and in 2025.
In the bond market, the yield on the 10-year Treasury rose to 4.27% from 4.23% late Tuesday. The two-year Treasury yield, which more closely tracks expectations for the Fed, edged up to 4.15% from ...
Here's what else happened today: Bitcoin hit a fresh record above $107,000 as fresh bullishness drove a surge in the crypto token. Here is a complete rundown of Wall Street's 2025 S&P 500 targets.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
That puts the stock market in a precarious position. Expectations regarding rate cuts could change based on an important economic data point that will be published on Wednesday, Nov. 27.
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