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Wall Street
Wall Street Banks' Earnings Fuel Dow's Friday Plunge While Gold Rises Amid Middle East Tensions | Daily Market Analysis
Key events:
US Stock Futures Point Higher as S&P 500 Nears Record; Dollar Sees Year-End Decline Amid Expectations of Fed Rate Cuts | Daily Market Analysis
Key events: USA - Initial Jobless Claims USA - Pending Home Sales (MoM) (Nov) USA - Crude Oil Inventories US stock futures exhibited upward momentum during Wednesday night's trading, building on slight gains observed in the previous session, as major benchmark indices approached all-time highs. Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures were trading within a narrow range of 0.1%.
Dow's Winning Streak in Jeopardy, ECB's Surprising Move, and Key Earnings Ahead
Key events: Japan - BoJ Press Conference USA - Core PCE Price Index (MoM) (Jun) USA - Core PCE Price Index (YoY) (Jun) On Thursday, the Dow Jones Industrial Average was poised to break its longest winning streak in 36 years, indicating that Wall Street's tech-driven rally is expanding to encompass a broader range of the stock market.
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