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Here's what else happened today: The Fed won't cut rates at all in 2025 , Deutsche Bank says. The area of the stock market investors should avoid next year , according to Wells Fargo.
The Dow managed to narrowly snap a 10-day losing streak, giving up most of its earlier gains to end slightly higher after Wednesday's 1,100-point drop.
The Dow hit a 10th straight day of losses, its worst streak since 1974, as stocks plummeted amid the outlook for fewer rate cuts in 2025.
Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later. The S&P 500 rose 0.6% while the Dow Jones Industrial Average gained 0.4%.
Here's the stock market playbook for 2025, according to Morgan Stanley's top stock strategist. In commodities, bonds, and crypto: West Texas Intermediate crude oil ticked higher 0.84% to $70.67 a ...
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets eyeing another rate cut. Stock market today: Indexes slip as investors ...
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
Tech stocks led the market higher on Friday, partly driven by a blowout quarterly earnings report from Broadcom. The company's stock popped 24% to a $1 trillion valuation for the first time ever ...