Copper edged lower as investors turned cautious ahead of US data that will be scrutinized for signs of where interest rates are headed https://t.co/sjbOnSq679 ...

Market Overview - Stocks initially moved higher at the start of trading on Monday but quickly lost ground, with major averages ending the day modestly lower. The Nasdaq fell by 137.76 points (0.6%) to 23,057.41, the S&P 500 dipped by 10.90 points (0.2%) to 6,816.51, and the Dow decreased by 41.49 points (0.1%) to 48,416.56 [1] Sector Performance - Computer hardware stocks continued their sharp pullback from the previous session, leading to a 2.9% decline in the NYSE Arca Computer Hardware Index [4] - Software stocks also experienced considerable weakness, with the Dow Jones U.S. Software Index losing 1.5%. Other sectors such as telecom, networking, and brokerage stocks showed notable declines, while pharmaceutical and healthcare stocks performed strongly [5] Economic Data Impact - Upcoming economic reports, including the monthly jobs report for November and retail sales data for October, are expected to influence market sentiment. A report on consumer price inflation is also scheduled for release, which could affect interest rate outlooks following the Federal Reserve's recent monetary policy announcement [3][8]

>> WELCOME BACK. OUR NEXT GUEST ISSUED A DISSENTING VOTE AT LAST WEEK'S BIG FED MEETING, PUSHING FOR EVEN STEEPER RATE CUTS. JOINING US HERE AT POST NINE IN A CNBC EXCLUSIVE IS FEDERAL RESERVE GOVERNOR STEPHEN MYRON.GOVERNOR, IT'S GREAT TO HAVE YOU BACK AT POST NINE. WELCOME. >> GOOD DAY.THANKS FOR HAVING ME BACK. >> SO I KNOW YOU JUST GAVE THIS BIG SPEECH AT COLUMBIA ABOUT INFLATION. AND BEFORE WE DIVE INTO THAT, MAYBE YOU COULD JUST EXPLAIN WHY YOU DISSENTED FOR EVEN SHARPER RATE CUTS WHEN SOME OF YOUR CO ...

Economic Overview - Weaker-than-expected Chinese economic data negatively impacts global growth prospects, with November industrial production easing to +4.8% y/y from +4.9% y/y in October, below expectations of +5.0% y/y. Retail sales rose only +1.3% y/y, the smallest increase in 2.75 years, and new home prices fell 0.39% m/m, marking the 30th consecutive month of declines [1] - In the US, the December Empire manufacturing survey unexpectedly contracted by -22.6 points to -3.9, weaker than the expected 10.0, while the December NAHB housing market index rose +1 to an 8-month high of 39, aligning with expectations [2] Federal Reserve and Interest Rates - Dovish comments from Fed officials suggest a supportive environment for stocks, with Fed Governor Stephen Miran stating that the current policy stance is unnecessarily restrictive, citing a benign inflation outlook and labor market concerns. NY Fed President John Williams indicated a shift towards a neutral monetary policy stance [3] - The outlook for lower interest rates is bolstered by a decrease in the 10-year T-note yield to 4.17%, with expectations of Fed-friendly economic news this week [4] Stock Market Performance - Stock indexes experienced declines, with the S&P 500 falling to a 2-week low and the Nasdaq 100 sliding to a 2.5-week low, driven by concerns over AI spending and disappointing outlooks from tech companies like Oracle and Broadcom [5] - The S&P 500 Index is down by -0.15%, the Dow Jones by -0.24%, and the Nasdaq 100 by -0.26% [6] Upcoming Economic Data - Market focus will be on upcoming US economic data, including expectations for a +50,000 increase in November nonfarm payrolls and a 4.5% unemployment rate. November average hourly earnings are expected to rise by +0.3% m/m and +3.6% y/y [7] Global Market Trends - Overseas stock markets are mixed, with the Euro Stoxx 50 up +0.56% and China's Shanghai Composite down -0.55%. Japan's Nikkei Stock 225 closed down -1.31% [8] Sector-Specific Movements - KLA Corp leads chip makers with a rise of more than +3% after an upgrade from Jeffries, while ServiceNow is down more than -10% following a downgrade by KeyBanc Capital Markets [13][16] - Cryptocurrency-exposed stocks are experiencing significant declines, with Bitcoin down more than -4% to a 2-week low, impacting companies like Riot Platforms and Galaxy Digital Holdings [14] - Energy stocks are also falling, with WTI crude oil down more than -1% to a 1.75-month low, affecting companies like APA Corp and Devon Energy [15]

After failing to sustain an initial move to the upside, stocks have shown a lack of direction over the course of the trading session on Monday. The major averages have pulled back well off their highs of the session and have recently been bouncing back and forth across the unchanged line.Currently, the major averages are narrowly mixed. While the S&P 500 is up 7.97 points or 0.1 percent at 6,835.38, the Nasdaq is down 10.22 points or less than a tenth of a percent at 23,184.95 and the Dow is down 14.31 poi ...

Let's bring in Moody's Analytics chief economist Mark Xandandy who I assume Mark you've you've been listening in. Do you do you have a do you do you have an opinion on on one or the other and qu this question about credibility and how close they are to the president. >> I think they're both reasonably good choices, Sarah. I mean I I know Kevin I guess they're both Kevin.I know them pretty well. They're good economists. They are very experienced.Uh both uh lived and worked through the financial crisis. So th ...

Let's get to the broader markets. Our next guest is bullish about the new year. Says worries about tech's high valuations are misplaced.Joining us here this morning at Post9 is Tally Leisure, chief market strategist at the Wealth Consulting Group. Nice to have you in T. Welcome.>> Thank you. Good to be here. At least to have you, Dad.>> You're uh you're pretty constructive on next year. >> Yes. And I'm glad we're sitting down for that conversation because we see the S&P 500 achieving 85 8500 >> 8500 driven ...

Monetary Policy - Pakistan's central bank unexpectedly cut interest rates [1] International Finance - The interest rate cut follows the IMF's approval of another loan payment to Pakistan [1]

Today’s CD rates still hover well above the national average. The Federal Reserve reduced its target interest rate three times in 2024 and recently announced its third rate cut of 2025. This has a ripple effect on deposit account rates, which means now could be your last chance to lock in today's high rates with a certificate of deposit (CD). Here’s a look at today’s best CD rates and where you can find the best offers. Best CD rates today As of December 15, 2025, the highest CD rate is 4.15% APY. This r ...

Market Trends - The rapid increase in small-cap stocks is driven by declining interest rates and economic expansion [1]