Stock market ‘Santa Claus rally’ might get a late start this year
The Santa Claus Rally could get off to a late start this year. But better late than never.
Gold slips as traders weigh outlook for Fed interest rate cuts
(Bloomberg) -- Gold slipped as the dollar pushed higher with traders weighing the outlook for US monetary policy in 2025.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisBullion fell by as much as 0.6% as the greenback advanced after the US governme
John Miller’s New High-Yield Muni Fund Dominates Market in 2024
(Bloomberg) -- It’s been a banner year for high-yield municipal bonds, and in particular the category’s star money manager, John Miller, who joined First Eagle Investments in January after nearly three decades at Nuveen.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Hav
Ethereum Is the World's Second-Largest Cryptocurrency. But Is It a Buy?
If you're an Ethereum (CRYPTO: ETH) investor, the good news is that the world's second-largest cryptocurrency is up an impressive 50% for the year. Ethereum recently broke through the $4,000 price level and, even with a recent pullback, is within striking distance of regaining its all-time high of $4,891 from November 2021. The bad news, however, is that Ethereum continues to underperform against other cryptocurrencies.
Crypto Exchange’s Outflows Swell on North Korean Trader Concern
(Bloomberg) -- Hyperliquid, a crypto-derivatives trading platform, suffered its biggest-ever daily outflow as traders rushed to remove funds amid concern that North Korean hackers were trading on the exchange. Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midl
Palantir, MicroStrategy, Axon Stocks Fall on Their First Day in Nasdaq 100
Shares of Palantir Technologies, MicroStrategy, and Axon Enterprise traded lower in their first day on the Nasdaq 100 index.
Bitcoin, Bitget, Dogecoin, Solana, and more: Cryptocurrencies to watch this week
The cryptocurrency market is experiencing a decline as the holiday season begins. With many investors pausing their usual spending and investment activity, the market is experiencing a temporary lull. However, this slowdown is likely temporary, and investors are expected to return with renewed energy as the new year brings fresh opportunities.
Five Key Charts to Watch in Global Commodity Markets This Week
(Bloomberg) -- Volatile weather and the US bird-flu outbreak are making the upcoming holiday menu more expensive as the price of coffee, cocoa and eggs soar. Meanwhile, OPEC expects oil demand to climb in 2025, driven by China, India and other Asian nations. Electricity use also is rising, with a key North American agency revising its projections significantly upward. Also revised higher is demand for coal, contrary to earlier estimates that said its use peaked last year.Most Read from Bloomberg
Where Analysts Think Bitcoin is Headed in 2025
Analysts are bullish that demand from spot bitcoin ETFs and the possible adoption of a U.S. bitcoin reserve could help bitcoin to new highs in 2025.
Wall Street Sides With Fed and Sees Lower US Bond Yields in 2025
(Bloomberg) -- Wall Street is taking its cues from the Federal Reserve, forecasting short-term US Treasury yields to fall in 2025 despite the looming threat of President-elect Donald Trump’s trade and tax policies on the bond market.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Mo