Financial markets lacked direction across the Atlantic as investors awaited the release of the U.S. consumer price inflation report on Wednesday. The U.S. dollar continued to advance against major currencies, reflecting speculation that the yield gap between the U.S. bonds and international trade partners is likely to widen.
The S&P 500 index and the Nasdaq Composite are set to advance more than 20% for the second consecutive year in 2024 amid optimism about economic growth and sustained labor market expansion.
MSTR
MSTR
Optimism prevailed on Wall Street as investors hoped that the downward trend in interest rates would persist amid post-election euphoria, and the artificial intelligence-linked stocks-powered rally would extend well into the new year.
AAL
AAL