US Stocks Surge on Positive Inflation Data and Rate Cut Expectations

912+ Words Refined into 7 Facts by AI • 3 sources • 11h ago

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US stocks experienced a significant rise on Wednesday after an inflation report met expectations.
The S&P 500 and Nasdaq are nearing all-time highs, driven by positive inflation data.
Market expectations for a 25 basis point cut by the Fed surged to over 96% after the inflation data.
The Industrial Average rose by 91.53 points to 44,339.36, reflecting positive market sentiment.
Tesla and Amazon.com saw increases of 1.8% and 2%, respectively, while GameStop surged by 5.2%.
The S&P 500 recorded eight new 52-week highs, indicating robust market performance.
Gold prices increased, with spot gold climbing 0.3 percent to $2,700.87 per ounce.

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Treasury Market Stability Amid Rate Cut Expectations

750+ Words Refined into 6 Facts by AI • 1 source • 0m ago

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US Treasury market volatility has significantly decreased post-election.
Investors are confident in a Fed rate cut next week.
Volatility measure is at levels not seen since February 2022.
John Higgins: “We don’t expect it to become a whole lot more volatile in 2025 either”.
Market pricing shows a 98% chance of a 25 basis point cut on December 18.
Hideo Shimomura: “I can’t see any reason for Treasury market volatility to climb”.

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Treasury Market Stability Amid Rate Cut Expectations