RudyAsh

 19 Dec 23

tl;dr

Equities continue their upward trend, driven by the Federal Reserve's rhetoric and looser monetary policy, with the S&P 500 on track to open just 1% below its record close of 4,796. On the international front, the Bank of Japan also maintains a dovish policy stance, contributing to the positive mark...

Equities continue their upward trend, driven by the Federal Reserve's rhetoric and looser monetary policy, with the S&P 500 on track to open just 1% below its record close of 4,796. On the international front, the Bank of Japan also maintains a dovish policy stance, contributing to the positive market sentiment. Crude oil remains a point of concern due to ongoing threats by Yemen's Houthi rebels to target Red Sea shipping. The upcoming economic calendar includes the release of November housing starts and building permits, as well as speeches from Atlanta Fed President Raphael Bostic and Chicago Fed President Austan Goolsbee.

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