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News in English (USA) / 17.12.2024 / 09:00

Tech Stocks Propel Markets as Fed Decision Approaches

As investors brace for upcoming key Federal Reserve decisions, global stock markets have shown considerable activity, particularly with the Nasdaq reaching record highs. The index has surged, crossing the symbolic 20,000 mark for the first time, driven by significant gains from major tech companies like Alphabet and Tesla. Concurrently, bitcoin has also reached new peaks, contributing to a lively trading environment. Meanwhile, broader market indices are mixed, with the Dow stuck in a historic slump, marking eight consecutive days of decline. As anticipation builds for Fed rate adjustments, investors remain keenly focused on economic indicators and market movements.
CNBC, Reuters, "Investors Business Daily", Yahoo Finance, Barchart, Benzinga, Investopedia, Bloomberg, MarketWatch, The Wall Street Journal