Lewis Krauskopf

By Lewis Krauskopf NEW YORK (Reuters) - An inflation report in the coming week will test the strength of the record-setting U.S. stocks

An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial piece of data that could factor into the Federal Reserve's plans for rate cuts.

Donald Trump’s vow of hefty tariffs threatened to continue to cloud Asian trading on Wednesday after the U.S. president-elect’s surprise announcements roiled currency markets.

Fed fund futures trading as of mid-day Friday indicated a nearly 90% chance the central bank would cut by 25 basis points, according to CME FedWatch.

Lewis Krauskopf 4 min read By Lewis Krauskopf NEW YORK (Reuters) - The U.S. stock market welcomed Donald Trump's victory in

NEW YORK (Reuters) - The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which excitement over artificial intelligence and expectations of falling interest rates fueled a searing rally in technology stocks.

The central bank's rate outlook on Wednesday included only two cuts in the coming year, rather than the four previously penciled in, catching investors off guard, and sending stocks tumbling while driving up yields and the dollar.

The rally in U.S. stocks is encountering a fresh hurdle - a potentially problematic rise in Treasury yields as the Federal Reserve signals fewer interest rate cuts for 2025.

With December so far delivering Scrooge-like returns in an otherwise stellar year for U.S. stocks, investors hope the tail end of 2024 offers some holiday cheer, but warn of potential headwinds.

Reuters By Lewis Krauskopf NEW YORK (Reuters) - Investors are expecting more gains for the U.S. stock market in 2025 after two