S&P 500, Nasdaq Close At Fresh Highs On FOMC Minutes
We see new record closing levels for the S&P 500 and the Nasdaq again today. Investors bought into the September-meeting Fed minutes, correctly anticipating the Fed is likely to make two more 25 bps cuts at the final two meetings of 2025.
Australian Dollar Rises Following Consumer Inflation Expectations Release
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, extending its gains for the second successive session.
Japanese Yen Edges Higher But Faces Headwinds From Delayed BoJ Hike Bets
The Japanese Yen edges higher during the Asian session on Thursday and moves away from a nearly eight-month low, touched against its American counterpart the previous day.
WTI Declines To Near $61.50 On EIA Crude Oil Inventories Surge
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.70 during the Asian trading hours on Thursday.
US Stock Ownership Is High But Unequally Distributed
The stock market is the most popular option for long-term investment among U.S. adults, according to a new survey by the financial data company Bankrate.