Much of the discussion around financial markets continues to shift from one macro concern to another. ...

Ahead of the New Year's holiday, President Donald Trump said he will make a decision on who he wants to lead the Federal Reserve by January.  Current Chair Jerome Powell's term expires in May 2026, and he has made it clear he will fulfill his obligation running the central bank. This week, Trump continued his verbal assault of Powell, who he again called "too late" for failing to cut interest rates at a faster pace. He also called him "a fool" and criticized him for the renovation of the Fed's Washington, D ...

Core Viewpoint - The Federal Reserve is considering further interest rate cuts if inflation continues to decline, although there is division among officials regarding recent economic data [2][9]. Group 1: Interest Rate Decisions - The Federal Reserve cut interest rates for the third consecutive time during its December meeting due to concerns about a weakening labor market, despite inflation remaining above the 2% target [5]. - The minutes indicate that most Federal Open Market Committee (FOMC) members would support further rate cuts if inflation decreases as expected [3][9]. - Some FOMC members suggested maintaining the target range for interest rates unchanged for a period after the recent cut, emphasizing the need to address emerging labor market weaknesses [8]. Group 2: Economic Indicators - The latest Consumer Price Index (CPI) report indicated that inflation was at 2.7% in November, down from a previous 3% annual increase [6]. - The jobs report following the FOMC meeting revealed that unemployment rose to 4.6%, the highest level since 2021, highlighting concerns about labor market conditions [8]. - Many FOMC members noted reduced risks of tariffs driving inflation higher, while expressing concerns about potential deterioration in the labor market if interest rates remain elevated [9].

A little bit of movement in terms of the Treasury trade, in terms of the equity trade, not too much. We're seeing really a quiet market here as we get ready to wrap up just one more day of trading after today in 2025. All right.Let's get right out to Washington, get more on those FOMC minutes. Tyler kendal, she's Bloomberg TV washington reporter. She's live at the Federal Reserve.Tyler, take it away. Hey, Carol, you really hit most of the main headlines here when it comes to what is a divided FOMC, what the ...

Market Overview - The S&P 500 Index is down -0.12%, the Dow Jones Industrials Index is down -0.25%, and the Nasdaq 100 Index is down -0.11% [1] - Stock indexes are slightly lower as the market struggles for direction in thin year-end trading, with higher bond yields negatively impacting stocks [2] Economic Indicators - The October S&P Case-Shiller composite-20 home price index rose +0.3% month-over-month and +1.3% year-over-year, exceeding expectations [3] - The December MNI Chicago PMI increased by +9.2 to 43.5, also stronger than anticipated [3] Seasonal Trends - Historical data indicates that the S&P 500 has risen 75% of the time in the last two weeks of December, with an average increase of 1.3% [4] Upcoming Economic Data - The minutes from the December 9-10 FOMC meeting will be released, and initial weekly unemployment claims are expected to rise by 1,000 to 215,000 [5] - The December S&P manufacturing PMI is anticipated to remain unchanged at 51.8 [5] - The markets are currently pricing in a 16% chance of a -25 basis point rate cut at the next FOMC meeting on January 27-28 [5] International Market Performance - The Euro Stoxx 50 index reached a 1.5-month high, up by +0.76%, while Japan's Nikkei Stock 225 fell to a 1-week low, down -0.37% [6]

The dollar index (DXY00) today is up by +0.09%.  The dollar is slightly higher today on better-than-expected US economic news on home prices and the Dec MNI Chicago PMI.  Also, higher T-note yields today have strengthened the dollar's interest rate differentials.  Questions about the Fed's independence are limiting gains in the dollar after President Trump said Monday evening that he "still might" fire Fed Chair Powell.  Also, strength in the Chinese yuan is undercutting the dollar after the yuan rallied t ...

The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction following the weakness seen in the previous session.Traders may be reluctant to make significant moves ahead of the release of the minutes of the Federal Reserve's latest monetary policy meeting this afternoon.The minutes of the Fed's December meeting, when the central bank decided to lower interest rates by another quarter point, may provide further insight about officials' ...

RomanR / Shutterstock.com Quick Read With gold rebounding about $55 this morning, mining stocks, like Newmont Corp., are up about $1.85. While the RKLB stock took a breather after a substantial run from $40.88 to nearly $80 a share, it’s seeing further upside. After rocketing nearly $10 higher on Monday, shares of Micron Technology are up another $2.10 this morning. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Re ...

[Music] Welcome back to Market on Close. I'm Sam Bardis alongside Alex Coffeeoffe. So just some final thoughts on today's session, Alex.I mean really the conversation right now has been centered around the 2026 outlook as most of our guests have been talking about over the last 90 minutes or so. The guests I've been speaking to really believe that the beginning of 2026 is likely going to be really an extension of the end of 2025. And what they mean by that is the drivers which are really propelling this mar ...

Key Takeaways The S&P 500 is up 18% YTD and could extend gains into early 2026.JPMorgan, HSBC, Morgan Stanley, and Deutsche Bank forecast the index near 7,500-8,000.ETFs like VOO, VUG, RSP and IJR offer diversified ways to play the market rally.Though much of 2025 was clouded by tariff fears, geopolitical tensions and AI bubble concerns, the S&P 500 looks poised to end the year with solid double-digit growth. The broad market index is up 18% year to date and about 1.7% month to date, placing it on course fo ...