From Nasdaq, Inc.:

Stock markets are a mix, with gold, dollar, treasury yields, and oil down. Key headlines cover the end of quantitative tightening, activist investors, and interest rate cut bets. Stock market and treasury yield correlation may not last, with a shifting market narrative and leadership styles. The economy is fragile, with manufacturing in contraction territory and earnings a key driver of performance in 2024.

A curated roundup of news from Nasdaq’s IR team includes market, macro, and corporate news such as JPMorgan strategists seeing a treasuries rally and Goldman saying S&P 500 earnings forecasts could rise. Israel and China sanctions and domestic news such as Rishi Sunak pinning Tory fortunes on UK tax cuts, Texas green investments, and Bitcoin ETFs facing SEC approval.

In the oil and energy sector, Saudi Arabia cuts crude prices, Libya suspends oil production at its largest field, and oil speculators start the year with a huge increase in bearish bets. India’s fuel demand hits a seven-month high, and war and weather put ocean shippers on notice for rough seas in 2024.



Read more: Earnings and Buybacks Key for 2024