Reported about 6 hours ago
As the Thanksgiving holiday approaches, market sentiment remains positive with stocks increasing, led by a nearly 2% rise in the Dow Jones Industrial Average. This week, all eyes are on the Federal Reserve's Personal Consumption Expenditures (PCE) index for insights on inflation and potential interest rate cuts. Analysts predict a modest rise in the core PCE and discuss its implications for the Fed's policy direction. Additionally, the rise of Bitcoin continues to attract attention amid a favorable regulatory environment, while Wall Street forecasts show optimistic projections for the S&P 500 in 2025.
Source: YAHOO