Christmas Hours Guide: Markets, Mail, and Retail
Expect widespread schedule changes for financial markets, mail delivery, government offices, and retailers in the days surrounding Christmas. Christmas Day falls on Thursday, Dec. 25, with Christmas Eve bringing a flurry of last-minute shopping and deliveries. With the holiday rush underway, it’s worth knowing what will be open, closed, or operating on reduced hours. Here’s […]
Gold Soars as Deficit Fears Rattle Markets
Yardeni: Investors’ deficit fears are justified Stocks are heading into a subdued session on the final full trading day before the Christmas break, despite a packed economic calendar. The market is also just one day away from the official start of the Santa Rally — defined by the Stock Trader’s Almanac as the last five […]
Gold Hits Record High as Debt Fears Resurface
Fears that central banks will ultimately resort to money printing to inflate away mounting debt remain the core driver of gold’s surge, though rising geopolitical risks are adding to its appeal. Gold’s climb to a fresh record high is clear evidence that the so-called “great debasement trade” is back, according to Robin Brooks, senior economist […]
AI Winners Under Pressure as Market Momentum Cools
A more skeptical view of AI winners makes sense, says Nomura Equity investors hoping for a seasonal push to fresh record highs have been forced to wait. The S&P 500 has been churning in a narrow 180-point range since early December, hovering just below new peaks. One reason bullish sentiment has stalled is that several […]
AI Stocks Slide on Rising Debt Concerns
The once-red-hot AI trade is showing signs of strain as investors grow increasingly uneasy about the heavy debt loads companies such as Oracle and CoreWeave are taking on to fund massive data-center expansions. Concerns over how these buildouts are being financed have rattled AI-related stocks in recent weeks, with selling pressure intensifying on Wednesday amid […]
Tesla Shares Surge to New All-Time High
Shares notched their first record close since December 2024, reinforcing the continued dominance of the so-called “Magnificent Seven.” Nearly a year after its last all-time closing high, Tesla stock finally cleared that hurdle on Tuesday. The shares finished at $489.88, marking their first record close since December 17, 2024, according to Dow Jones Market Data. […]
