The National on Nostr: US stocks bounce higher on rate cut optimism and Trump policies ========== US stocks ...
US stocks bounce higher on rate cut optimism and Trump policies
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US stocks rose on January 4, 2025, with the Dow Jones Industrial Average closing 0.8% higher at 42,732.13; S&P 500 increased by 1.3% to 5,942.47; Nasdaq Composite up 1.8% to 19,621.68; expectations of further Federal Reserve rate cuts and pro-business policies from incoming President Donald Trump support economic growth; Federal Reserve cut interest rates by 25 basis points last month; Trump’s proposals include corporate tax cuts and easing regulations; ISM PMI rose to 49.3, indicating potential economic expansion; oil prices increased due to cold weather and China's economic stimulus; Brent crude rose to $76.51 per barrel, WTI to $73.96.
#UsStocks #RateCuts #TrumpPolicies #EconomicGrowth #OilPrices #IsmPmi #TechnologySector #GlobalMarkets #2025Outlook #FederalReserve
https://www.thenationalnews.com/business/markets/2025/01/04/us-stocks-bounce-higher-on-rate-cut-optimism-and-trump-policies/
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US stocks rose on January 4, 2025, with the Dow Jones Industrial Average closing 0.8% higher at 42,732.13; S&P 500 increased by 1.3% to 5,942.47; Nasdaq Composite up 1.8% to 19,621.68; expectations of further Federal Reserve rate cuts and pro-business policies from incoming President Donald Trump support economic growth; Federal Reserve cut interest rates by 25 basis points last month; Trump’s proposals include corporate tax cuts and easing regulations; ISM PMI rose to 49.3, indicating potential economic expansion; oil prices increased due to cold weather and China's economic stimulus; Brent crude rose to $76.51 per barrel, WTI to $73.96.
#UsStocks #RateCuts #TrumpPolicies #EconomicGrowth #OilPrices #IsmPmi #TechnologySector #GlobalMarkets #2025Outlook #FederalReserve
https://www.thenationalnews.com/business/markets/2025/01/04/us-stocks-bounce-higher-on-rate-cut-optimism-and-trump-policies/