Wall Street strategists see further gains for the S&P 500 in 2025 as a broadening of earnings growth and a resilient US economy continue to drive the bull market rally.
Stock market today: Stocks slide as Wall Street's year of 20% gains ends on a quiet note
US stocks slipped Tuesday, continuing an uncharacteristic limp to the finish after a roaring year of trading.
US stock markets to remain closed in honor of Jimmy Carter on National Day of Mourning
U.S. stock markets will remain closed on Jan. 9 in honor of former President Jimmy Carter, continuing a long-held Wall Street tradition in mourning the nation’s leaders. Both the New York Stock Exchange and Nasdaq announced this week that they plan to close their equity and options markets next Thursday in observance of a National Day of Mourning for the 39th U.S. president and global humanitarian. Carter died on Sunday at his home in Plains, Georgia.
Crypto VC funding to exceed $18 billion in 2025, expert says
After a modest year of crypto investment, venture capital is returning to the sector.
Oil Rises to End 2024 Little Changed as Traders Brace for Glut
(Bloomberg) -- Oil rose in thin holiday trading to close out a flat performance in 2024 as the market braces for a global surplus next year.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusWest Texas Intermediate rose 1% to settle at $71.72 a barrel, notching a 7-cent gain in 2024. Brent advanced 0.3% to settle at $74.64, down 3.1% for the year. Crude a
FalconX in Talks to Acquire Crypto Derivatives Startup Arbelos
(Bloomberg) -- Digital-asset trading and brokerage firm FalconX is in advanced talks to acquire Arbelos Markets, a derivatives startup launched in 2023 by a pair of crypto industry veterans. Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe transaction will be financed through a mix of cash and FalconX stock, and is expected to be announced in the co
Dollar dominates on cautious Fed, Trump trade
The U.S. dollar hit a two-year high and was on track to post an annual gain against almost all major currencies on Tuesday as the prospect that the Federal Reserve will hold interest rates higher than peers led the U.S. currency to dominate rivals. Traders have adjusted for the U.S. central bank to take a slow and cautious approach to further rate cuts next year as inflation remains above the Fed’s 2% annual target. Analysts also expect policies to be introduced by president-elect Donald Trump, including business deregulation, tax cuts, tariffs and a clampdown on illegal immigration, to boost growth and add to price pressures next year.