Stocks & Investing
Stocks and Investing
Stocks and Investing
Mon, December 2, 2024
[ 09:31 PM ] - United States, Thomas Matters
[ 09:01 PM ] - United States, Thomas Matters
[ 09:01 PM ] - United States, Thomas Matters
[ 08:31 PM ] - United States, Thomas Matters
[ 05:31 PM ] - United States, Thomas Matters
[ 05:01 PM ] - United States, Thomas Matters
[ 05:01 PM ] - United States, Thomas Matters
[ 05:01 PM ] - United States, Thomas Matters
[ 05:01 PM ] - United States, Thomas Matters
[ 04:31 PM ] - United States, Thomas Matters
[ 04:01 PM ] - United States, Thomas Matters
[ 04:01 PM ] - United States, Thomas Matters
[ 04:01 PM ] - United States, Thomas Matters
[ 03:01 PM ] - United States, Thomas Matters
[ 02:31 PM ] - United States, Thomas Matters
[ 02:31 PM ] - United States, Thomas Matters
[ 02:31 PM ] - United States, Thomas Matters
[ 02:01 PM ] - United States, Thomas Matters
[ 01:31 PM ] - United States, Thomas Matters
[ 01:01 PM ] - United States, Thomas Matters
[ 12:31 PM ] - United States, Thomas Matters
[ 12:31 PM ] - United States, Thomas Matters
[ 12:31 PM ] - United States, Thomas Matters
Markets surge to record highs, Santa rally speculation continues, XRP comes out of the dark
- Stocks rose during a shortened trading session and closed November with their largest Monthly gains - a direct result of the rally in the semis and a sense of a rally that is broadening out. The S&P hitting fresh record highs,
The article from FXStreet discusses the recent surge in financial markets, with the S&P 500, Dow Jones, and Nasdaq all reaching record highs, fueled by expectations of a "Santa Rally" where markets typically perform well towards the end of the year. This optimism is driven by hopes of a soft economic landing, potential rate cuts by the Federal Reserve, and a general positive economic outlook. Additionally, the article touches on the cryptocurrency market, highlighting a significant development with Ripple (XRP), which saw a price increase following a favorable court ruling in its ongoing legal battle with the SEC. The ruling clarified that XRP sales on public exchanges do not constitute investment contracts, potentially setting a precedent for other cryptocurrencies. The piece also notes the broader market's reaction to these events, with Bitcoin and other major cryptocurrencies also experiencing gains, reflecting a bullish sentiment across both traditional and digital asset markets.
Read the Full FXStreet Article at:
[ https://www.fxstreet.com/analysis/markets-surge-to-record-highs-santa-rally-speculation-continues-xrp-comes-out-of-the-dark-202412021240 ]
Read the Full FXStreet Article at:
[ https://www.fxstreet.com/analysis/markets-surge-to-record-highs-santa-rally-speculation-continues-xrp-comes-out-of-the-dark-202412021240 ]
