TOP MARKETS NEWS: Week 12/25 – 12/31

Friday 12/29

Wall Street Dips, Set to End Blockbuster Year With a Whimper – Reuters
S&P 500 falls slightly Friday, but rides 9-week win streak to end 2023 with 24% gain – cnbc
History Shows Strong 2023 Could Keep US Stocks on Path for 2024 Gains – Reuters
Stocks making the biggest moves midday: Fisker, Lyft, Boston Scientific and more – cnbc
Summers Says Investors Probably Underestimating Inflation Risk – bbg
US Equity Funds See Big Inflows as Rate Cut Bets Rise – Reuters
Global Equity Funds Draw Robust Inflows on Rate Cut Hopes – Reuters
SEC’s Bitcoin ETF Update Deadline Today: Cash-Create Vs In-Kind – Zerohedge
STOXX 600 Ends 2023 up 12.6% on Rate Cut Optimism, Italy Best Performer – Reuters
Repo Benchmark Hits All-Time High in Volatile Funding Market – bbg
…And The Final Economic Data-Point Of 2023 Is A Disaster – Zerohedge
Crypto Options Trading Volume Hits Record as ETF Deadline Nears – bbg

Futures Flat On Last Trading Day Of 2023 As All Time High Beckons – Zerohedge
Abercrombie’s 300% Surge in 2023 Beats Even Sizzling-Hot Nvidia – bbg
Nickel Is Year’s Biggest Metals Loser, Copper Manages Small Gain – bbg
Emerging Markets Poised to End Year With Best Gains in Years – bbg
AI and Ozempic Were Europe’s Winning 2023 Stock Market Themes While Luxury Stalled – bbg
European Stocks Set for Best Year Since 2021 on Rate Cut Hopes – bbg
Currency Funds Are Turning to Value After Carry Trade’s Epic Run – bbg
Europe stocks end 2023 up 12.64% after climbing on last trading day – cnbc

Asia markets wrap up last trading day of 2023 with small declines; China stocks inch higher as tech firms continue to rise – cnbc
Record Eight-Year Winning Streak Seen Extending for India Stocks – bbg

 


Thursday 12/28

Business Live – guardian
Five Things to Look for in US Stocks in 2024 as S&P Nears Record – bbg

Bank Bailout Fund Usage Soars To Another Record High As 2023 Sees Greatest Annual Money-Market Inflows Ever – Zerohedge
Crude, Crypto, & Credit Crumble As S&P Nears Record High – Zerohedge
S&P 500 closes little changed Thursday, struggles to reach record – cnbc
Mortgage Rates in US Fall to Lowest Since May, Dropping to 6.61% – bbg
Stocks making the biggest moves midday: Iovance, The New York Times, Penn Entertainment, JD and more – cnbc
European Stocks Extend Year-End Rally on Interest-Rate Optimism – bbg
US Pending Home Sales Index Slumps To New Record Low In November – Zerohedge

Continuing Jobless Claims Hover Near Two-Year Highs At End 2023 – Zerohedge
US Initial Jobless Claims Rise to 218,000, More Than Estimated – bbg
Nasdaq Futures Hit Recorder Highs As Santa Rally Just Keeps Going – Zerohedge
Software Companies Finally Had to Care About Profit in 2023 – bbg
Stocks making the biggest moves premarket: JD, The New York Times, Iovance and more – cnbc
January Historically A Strong Month For Gold – Zerohedge
Half of Red Sea Container-Ship Fleet Avoids Route After Attacks – bbg
Global Bonds Eye Biggest Ever Two-Month Gain Amid Rate Cut Bets – bbg
European markets muted as global stocks search for new highs – cnbc

China leads gains in Asia markets with Aussie shares holding near 2-year highs; Japan falls – cnbc
China’s Xiaomi unveils its first EV as it looks to compete with Porsche, Tesla – cnbc
Year-End China Stocks Rally Takes Hold as Foreign Funds Pile In – bbg
BOJ’s Ueda Prepares Ground for Rate Hike With Salvo of Comments – bbg
Hong Kong Home Prices Fall to Lowest Since 2017 as Rents Rise – bbg
Goldman, Morgan Stanley Expect China’s Housing Slump to Worsen – bbg

Asia Stocks to Tread Water as S&P 500 Nears Record: Markets Wrap – bbg


Wednesday 12/27

Business Live – guardian

Dow closes 100 points higher Wednesday, S&P 500 hovers near a record high- cnbc
Stocks making the biggest moves midday: Tesla, The New York Times, NetEase and more – cnbc
European Stocks Hover Near January 2022 High After Holidays – bbg
German Benchmark Yield Falls to One-Year Low on Rate-Cut Bets – bbg

US PREMARKET NEWS
Magnificent Seven Stocks Risk Losing Sheen in Fed’s Soft Landing – bbg
Stocks making the biggest moves premarket: Coherus, NetEase and more – cnbc
S&P Futures Recharge For Last Santa Rally Push, Less Than 1% Away From All Time High – Zerohedge
Spain Extends Some Measures Put in Place to Ease Inflation Hit – bbg
Strong Wind Generation Turns European Power Prices Negative – bbg
It Was a Tough Year for Almost Every Bank Not Named JPMorgan – bbg
European shares set to climb as global stock markets near record highs – cnbc

ASIA NEWS
China, Hong Kong markets rise as video-game stocks bounce; Aussie shares close near 2-year highs – cnbc

AI boom fails to propel China’s cloud market growth – cnbc
BOJ Summary Suggests Ueda Can Wait for Wage Results Before Hike – bbg
Yen Rally Looks Fragile to Jefferies as Money Managers Pile In – bbg

Asia Eyes Muted Open, Oil in Focus During Tensions: Markets Wrap – bbg

 

 

Tuesday 12/26

‘Biggest Losers’, Bullion, & Black Gold All Bid On Boxing Day – Zerohedge
Dow closes 150 points higher on Tuesday, S&P 500 approaches all-time high – cnbc
Stocks making the biggest moves midday: Intel, Nio, FedEx, Manchester United and more – cnbc
Intel to Invest $25 Billion in Israel After Winning Incentives – bbg
The U.S. avoided a recession in 2023. What’s the outlook for 2024? Here’s what experts are predicting – cnbc
US Home Prices Surged For 9th Straight Month In October, Led By Miami – Zerohedge
October home prices post biggest gain of 2023, despite higher mortgage rates, says S&P Case-Shiller – cnbc

Stocks making the biggest moves premarket: Intel, Synopsys, Manchester United and more – cnbc
Futures, Oil Rise In Thin Post-Holiday Trading – Zerohedge
Maersk Prepares to Return to Red Sea Under US-Led Protection – bbg

Japan and South Korea markets start the last trading week of 2023 on a positive note; China falls – cnbc
Weak Yen Fuels Japan’s 2023 Equity Rally During Foreign Demand – bbg
China Is Softening Stance on Gaming After $80 Billion Rout – bbg
Asset Managers Turn Bullish on Yen as Fed, BOJ Path May Reverse – bbg

Asia Eyes Muted Open, Oil in Focus During Tensions: Markets Wrap – bbg