Fri, December 13, 2024
Thu, December 12, 2024

Wall Street struggles as Trump rings opening bell while FTSE closes muted

The bull was let loose for stocks in Trump's first term and during President Joe Biden's term. The S&P 500 rose 61% under Trump from inauguration day through Dec. 11. It has advanced 58% from Biden's inauguration day to Dec. 11.

The article from Yahoo Finance provides a live coverage of financial markets, focusing on the FTSE 100 and other global indices. It discusses the anticipation around the European Central Bank's (ECB) interest rate decisions, with expectations leaning towards a potential rate hike due to persistent inflation pressures. The piece also covers reactions in stock markets, including Wall Street, where investors are digesting mixed economic signals from the U.S., such as employment data and corporate earnings. Additionally, there's mention of specific stock movements, like those of major banks and tech companies, alongside broader market sentiment influenced by geopolitical tensions and economic forecasts. The coverage includes expert analyses, market predictions, and updates on commodity prices, particularly oil, which remains volatile due to global supply concerns.

Read the Full YAHOO!Finance Article at:
https://finance.yahoo.com/news/live/ftse-100-live-stock-markets-wall-street-ecb-interest-rates-090830589.html