A central bank divided against itself cannot stand.Although it's been a year filled with twists and turns, Wall Street's major stock indexes have continued their trek higher. The ageless Dow Jones Industrial Average (^DJI 0.51%), broad-based S&P 500 (^GSPC 1.07%), and growth stock-dominated Nasdaq Composite (^IXIC 1.69%) have rallied 13%, 17%, and 22% on a year-to-date basis, as of the closing bell on Dec. 10.Hot trends have been a significant theme, once again, in propelling this bull market to new heights ...

Core Viewpoint - The People's Bank of China (PBOC) conducted a 7-day reverse repurchase operation amounting to 847 billion yuan at an interest rate of 1.40%, maintaining the previous rate [1] Group 1: Reverse Repo Operations - Today's reverse repo operation totaled 847 billion yuan, with an interest rate of 1.40% [1] - A total of 340 billion yuan in reverse repos matured today [1] - This week, the PBOC executed reverse repo operations amounting to 4257 billion yuan, while 6522 billion yuan in reverse repos matured, resulting in a net withdrawal of 2265 billion yuan [1]